ERCOT reveals violations of pricing, disclosure rules in new filing RSS Feed

ERCOT reveals violations of pricing, disclosure rules in new filing

ERCOT has discovered several inconsistencies or errors, and in its filing told state regulators that it “takes its responsibilities under the commission’s rules and the ERCOT protocols seriously … [and] is prepared to discuss these matters in further detail at the commission’s request.”

The grid operator said it had “recently discovered an inconsistency between the logic used in its systems for the creation of proxy energy offer curves for SCED and ERCOT Protocols section 6.5.7.3(4), which governs the creation of proxy energy offer curves for certain resources and scenarios.”

The protocols require 1 MW be added or subtracted from certain values to create proxy energy offer curves….

Read full article at Utility Dive