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.