Two-Day Program Exploring Fundamentals of The Texas ERCOT Electric Power Market: Structure, Function, and Current Status - Houston, United States - April 28-29, 2022 - ResearchAndMarkets.Com

Seminar Agenda 

• Understand the special forms of players, stakeholders and their exclusive roles and a couple of functions. 
• The key wholesale and retail stakeholders and marketplace participants, and how their activities shape ERCOT’s operations.
•  The importance of the QSEs’ function and who can take part based totally on qualifications and goals. 
• How the day-in advance public sale markets work, the timing problems and the kinds of merchandise. 
• The critical features and relationships of the day-ahead and actual-time markets and how they interact in the wholesale and retail markets. 
• Locational marginal pricing (LMP) and why and how it is used for deciding on gives and product pricing. 
• How LMP is calculated and used for transaction pricing at nodes, zones and hubs. 
• The unique functions of ERCOT electricity, balancing or “spot marketplace” and ancillary marketplace services. 
• What DRUC, HRUC and associated capacity markets mean and why those distinctions are vital. 
• The difference between public sale and bilateral bulk electricity markets and the professionals & cons of each. 
• How the “Two-Market Settlement” procedure works and the key wholesale marketplace agreement activities. 
• Load Zone versus hub settlements and LMP calculation variations. 
• The worries and relationships between reserve margins real-time energy rate marketplace caps and reserve markets. 
• Texas 2021 rolling brownout activities, learnings from the occasion and steps taken via ERCOT for future. 
• ERCOT’s new ancillary services framework, modifications in the goods and their requirements, and their implications on the device reliability. 
• ERCOT’s roadmap for power storage and present process paintings by way of the Battery Energy Storage task force.
•  ERCOT’s upcoming market modifications and what is going to be the results of the brand new strength blend with renewables and electricity garage. 
• ERCOT summer season and iciness device reliability problems and system extensive provide caps. 
• ERCOT’s and the strength enterprise’s views on “forward ability” markets and rate caps. 
• The concerns and relationships between reserve margins real-time power charge market caps. 
• Generation, Transmission and different infrastructure troubles ERCOT faces now and over the following ten years. 
• The “clever grid” in ERCOT and a discussion of the key issues and the way the smart grid is possibly to broaden and effect wholesale and retail price indicators.
• A precis of the important thing troubles of nowadays and where the ERCOT is headed, including a discussion of the smart grid, renewable energy and the constructing of new transmission strains. 
• The fundamental issues dealing with wind strength, sun and other renewables and the way these technology assets relate to the proposed buildout of the backbone energy grid. 
• The ERCOT targeted demand reaction deployments as cost-effective options to transmission and distribution infrastructure improvements for neighborhood reliability. 
• The roles that unique allotted energy assets play in a targeted demand control program. 
• The drivers for the growing interest in those non-wires allotted era (“DER”), demand reaction (“DR”) and related call for aspect control (“DSM”) initiatives. 
• ERCOT’s current interconnection queue, latest tendencies within the renewables and garage initiatives. 
• ERCOT’s LTSA and the IRP version with the capacity mix forecasts and electricity price forecasts.
•  Geographical heat maps of electricity storage ability across Texas. 
• The contemporary and destiny problems going through ERCOT on DER, DR and DSM alternatives.
•  How stop-customers purchase and manage their electric powered picks and procurement options and what are they nowadays and predicted to be within the future.