Operating Reserve Demand Curve eLearning

    Overview

    On June 1, 2014 ERCOT implemented the Operating Reserve Demand Curve. This created a Real-Time Price Adder to reflect the value of the available reserves in Real-Time. It reflects the Value of Lost Load (VOLL) based on the probability that load would have to be shed.

    This one-hour web based training examines how this initiative impacts ERCOT market participants.

    Course Objectives:

    • Describe the Purpose of ORDC
    • Recognize the Methodology for Implementing ORDC
    • Illustrate the Settlement Impacts of ORDC

    Audience

    ERCOT Market Participants

    Schedule/Registration

    Course Schedule

    Start Date Duration Location Delivery
    24 x 7, online Online Web Launch

                    

    Materials

    Archived materials from spring 2014 workshops.