Electric Reliability Council of Texas
E935606
The Electric Reliability Council of Texas (ERCOT) is the independent system operator that manages the flow of electric power and oversees grid reliability for most of the state of Texas.
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
independent system operator
ⓘ
nonprofit organization ⓘ regional transmission organization ⓘ |
| abbreviation | ERCOT NERFINISHED ⓘ |
| boardIncludes |
consumer representatives
ⓘ
independent members ⓘ market participants ⓘ |
| coordinates |
real-time balancing of supply and demand
ⓘ
transmission planning in ERCOT region ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| covers |
approximately 75% of Texas land area
ⓘ
approximately 90% of Texas electric load ⓘ |
| criticizedFor | grid preparedness during February 2021 winter storm ⓘ |
| doesNotUse | capacity market ⓘ |
| formerHeadquartersLocation | Austin, Texas NERFINISHED ⓘ |
| founded | 1970 ⓘ |
| governedBy | board of directors ⓘ |
| headquartersLocation | Taylor, Texas NERFINISHED ⓘ |
| implements |
nodal market design
ⓘ
scarcity pricing mechanisms ⓘ |
| interconnection | ERCOT power grid NERFINISHED ⓘ |
| interconnectionType | largely isolated from other U.S. grids ⓘ |
| jurisdiction | Texas NERFINISHED ⓘ |
| languageOfWorkOrName | English ⓘ |
| manages |
flow of electric power on the ERCOT grid
ⓘ
wholesale electricity market in most of Texas ⓘ |
| membershipIncludes |
consumers
ⓘ
electric utilities ⓘ power generators ⓘ power marketers ⓘ retail electric providers ⓘ transmission and distribution utilities ⓘ |
| monitors |
grid frequency
ⓘ
transmission congestion ⓘ |
| notableEvent | February 2021 Texas power crisis ⓘ |
| notDirectlyRegulatedBy | Federal Energy Regulatory Commission NERFINISHED ⓘ |
| operatesInSector | electric power industry ⓘ |
| precededBy | Texas Interconnected System NERFINISHED ⓘ |
| regulates | wholesale electricity market rules within ERCOT region ⓘ |
| responsibleFor |
issuing conservation appeals during tight grid conditions
ⓘ
ordering controlled outages during emergencies ⓘ reliability of the ERCOT power grid ⓘ |
| role |
balancing authority for most of Texas
ⓘ
grid operator for most of Texas ⓘ independent system operator for most of Texas ⓘ |
| subjectToRegulationBy |
Public Utility Commission of Texas
NERFINISHED
ⓘ
Texas Legislature NERFINISHED ⓘ |
| uses | energy-only market structure ⓘ |
| website | https://www.ercot.com ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.