ERCOT – Texas State agency that controls the Texas Electricity Grid

ERCOT – Texas State agency that controls the Texas Electricity Grid

Electric Reliability Council of Texas (ERCOT)

Mission: serve the public by ensuring a reliable gird, efficient electricity markets, open access and retail choice.

Responsibilities:

1. Reliability (planning and operations)
2. Wholesale Market Settlement (production and delivery)
3. Competitive Markets (balance between reliability and economics)
4. Energy and Capacity (real time & forecast)
5. Congestion Management
6. Market Design
7. Market Overview

Key Facts:

1. Represents 90% of Texas load
2. 74,000 MW generation capacity
3. 69, 621 MW peak demand record – August 10, 2015
4. 340 billion KWh energy produced in 2014
5. 550 generation units
6. 46,500 miles of transmissions lines

January 1, 2002 retail electric deregulation began after the SB 7 law for deregulation was voted into law in 1999.

For more information, please contact MeyerPower.