real-time co-optimization (RTC)
ERCOT CEO Bill Magness told the Board of Directors the grid operator finished 2019 with a net positive variance of $35.4 million.
ERCOT stakeholders endorsed a final batch of key principles that will guide the Texas grid operator’s implementation of real-time co-optimization.
ERCOT’s Board of Directors approved price corrections for 21 operating days, dating back to September, that resulted from a series of software errors.
ERCOT told the Technical Advisory Committee it will be improving market pricing processes as they bring price-correction issues to the Board of Directors.
ERCOT's attempt to alert stakeholders that scheduling entities will be required to submit certificates for electricity resale resulted in a kerfuffle.
ERCOT staffers and stakeholders gathered to hear advice from the RTOs that have already implemented real-time co-optimization in their markets.
ERCOT's staff on Wednesday briefed the Technical Advisory Committee on three key principles of real-time co-optimization.
ERCOT's Technical Advisory Committee will hold an information session Aug. 28 on the Real-Time Co-Optimization Task Force’s latest work.
ERCOT’s Board of Directors got a look at the work implementing real-time co-optimization, which will add ancillary services to the real-time SCED engine.
The Texas PUC postponed action on improvements to ERCOT’s day-ahead market, citing potential delays to implementing real-time co-optimization.
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