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Experience with ERCOT system's IT development and operation
- Source :
- IEEE Transactions on Power Systems. May, 2003, Vol. 18 Issue 2, p535, 6 p.
- Publication Year :
- 2003
-
Abstract
- ERCOT is an independent, not for profit organization that manages the deregulated electric system in the state of Texas. The deregulation model includes separate markets for bulk power and retail choice, with ERCOT acting as a facilitator for ancillary service market operation, reliability coordination and retail switching. The information technology (IT) tools are broadly classified under three categories--technical operations, commercial operations, and data warehouse. Technical operations include the market operation system (MOS) working in tandem with the power operation system (POS). Commercial operations include the client registration, load profiling, data acquisition, data aggregation, settlements, billing and a transaction clearing house. Since the ERCOT market is an evolving market, new market rules and reliability standards are established periodically and the IT tools are updated to reflect these changes. This paper provides an overview of the development and operational process of the IT tools pertaining to the ERCOT technical operations system. Index Terms--Ancillary service, balancing energy, day-ahead, deregulation, electricity markets, frequency control, ISO, market systems, real-time, RTO, state estimator.
- Subjects :
- Electric Reliability Council of Texas Inc. -- Management
Deregulation -- Models
Electric power transmission -- Marketing
Electric power transmission -- Economic aspects
Energy industry -- Marketing
Energy industry -- Economic aspects
Markets (Economics) -- Models
Deregulation -- Texas
Deregulation -- United States
Company business management
Company marketing practices
Business
Electronics
Electronics and electrical industries
Subjects
Details
- Language :
- English
- ISSN :
- 08858950
- Volume :
- 18
- Issue :
- 2
- Database :
- Gale General OneFile
- Journal :
- IEEE Transactions on Power Systems
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.102342174