real-time co-optimization (RTC)
ERCOT staff and stakeholders began the process of implementing real-time co-optimization with the first meeting of the Real-Time Co-Optimization Task Force.
ERCOT's Technical Advisory Committee tabled a request to lower the grid operator’s peaker net margin threshold pending further direction from the Texas PUC.
Asked by Texas’ Public Utility Commission to “reinitiate discussions” with stakeholders, ERCOT held a workshop to look at real-time co-optimization.
The Texas Public Utility Commission approved a list of issues to be discussed during a summer workshop on real-time co-optimization.
ERCOT CEO Bill Magness told the Board of Directors the grid operator will use favorable budget variances to fund the addition of real-time co-optimization.
The PUCT issued requests for comments on real-time co-optimization and incorporating marginal losses into dispatch decisions.
ERCOT is leaving significant amounts of money on the table by not using real-time co-optimization of energy and ancillary services in its market operations.
ERCOT stakeholders are once again raising the subject of real-time co-optimization, with the Independent Market Monitor in strong support.
ERCOT enters 2018 facing new questions, as the growth in wind energy has begun threatening not only coal but also less efficient natural gas-fired generation.
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