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Posts Tagged ‘Electric Reliability Council of Texas’

THE STORY OF ERCOT: The Grid Operator, Power Market & Prices Under Texas Electric Deregulation

Friday, February 18th, 2011
The ERCOT Region

TEXAS COALITION FOR AFFORDABLE POWER
The Electric Reliability Council of Texas, or ERCOT, is the term used to describe the quasi-governmental organization that manages the state’s power grid. There are few institutions in Texas that are more important. If Texas suddenly lost the grid, homes and factories would go dark. Even the briefest of outages can put public safety at risk. But “ERCOT” also has a second very important meaning. As a term of art, it can describe the geographical footprint of electric deregulation in Texas. Efficiency in this market is absolutely vital for the state economy.

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