The Energy Academy: ERCOT

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Shared by Michelle • March 22, 2024

Everything you need to know about ERCOT

Looking for an introduction to electricity markets in ERCOT? Need to get new team members up to speed? We've got you covered.

In this season of The Energy Academy, Brandt Vermillion (Modo Energy's ERCOT Market Lead) dives into the makeup of ERCOT's markets for buying and selling power.

Across ten short, easily digestible episodes, you'll learn about:

- ERCOT's place within North America's power grid.
- Its roles and responsibilities as the system operator.
- How all of the major players interact with each other.
- The mechanics behind longer-term power contracts.
- How Locational Marginal Prices are formed in ERCOT.
- Day-Ahead and Real-Time operations and markets.
- The functions of ERCOT's main Ancillary Services.
- And much, much more