ERCOT contingency reserve service (ECRS)
ERCOT says recent changes to the calculations used to determine ERCOT contingency reserve service have resulted in smaller quantities of the product this year and stalled the need for further modifications.
ERCOT CEO Pablo Vegas said the “interesting dynamic” of solar energy helped the Texas grid operator meet record demand during its most recent winter storm.
ERCOT is focused on dispatchable resources to meet the ever-increasing demand for energy in Texas.
ERCOT staff and the ISO's Market Monitor have set aside their differences and promised to work together in improving the procurement and deployment of ancillary services.
ERCOT's Independent Market Monitor is defending its recent report that the grid operator’s newest ancillary service “likely” raised the real-time market’s energy value by at least $8 billion.
ERCOT’s Independent Market Monitor says the grid operator’s recent implementation of its first ancillary service in 20 years has nearly doubled the amount of required online reserves.
In what is becoming an almost daily occurrence, ERCOT issued another appeal for voluntary conservation as the Texas grid operator continues to manage tight conditions during a brutally hot summer.
ERCOT staff said it faces a tight timeline to add a new ancillary service by Dec. 1, 2024, as required by the recent Texas legislative session.
ERCOT staff are reviewing the spate of electric-related legislation that was recently passed by Texas lawmakers.
ERCOT says it is prepared for triple-digit temperatures in much of Texas this week and next that are expected to lead to new records for peak demand.
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