Market Settlements 301
This course provides a comprehensive overview of financial settlements with QSEs and CRR Account Holders in the ERCOT Nodal Market. Settlements 301 focuses on the charges and payments associated with Congestion Revenue Rights, the Day-Ahead Market, Reliability Unit Commitment and Real-Time Operations.
Course objectives are:
- Describe the settlement process in the ERCOT Nodal Market.
- Identify how market actions cause or affect market settlements.
- Combine ERCOT settlement equations with a QSE's or CRRAH's market activities to predict settlement results.
- Analyze a QSE's Settlements Statement for validation.
This course is designed to provide key information needed to understand QSE settlements in the Texas nodal market. The course is intended for all market participants who are part of the testing of settlement systems including accountants, analysts, engineering technicians, IT staff and others.
|Tue, Jun 13, 2017||3 days||Engie-NA
1990 Post Oak Blvd. Suite 1900
Class held in auditorium on 1st floor lobby area; enter parking garage on McCue Rd *you must pay
Houston, TX 77056
|Instructor Led||Sign up|
Prerequisites: ERCOT Nodal 101, Basic Training Program
Note: Attendees are required to take the above prerequisite courses. The Market Settlements 301 course will be taught assuming that the student possesses a thorough understanding of the information covered in the prerequisite courses listed above prior to attending.
Class times are as follows:
9 a.m. - 5 p.m. the first day
8 a.m. - 4 p.m. the second day and third day
Please check back frequently for updated course schedules.
Download ERCOT training class materials and presentations in PDF format. As new classes are offered, key materials will be posted here.