TRN101 - Module 1: Course Introduction - ERCOT.com

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Roles and Responsibilities (continued) Transmission Service Providers (TSP) • Keep ERCOT continually informed of transmission outages and updates • PProvide id accurate and d timely i l ddata • Comply with ERCOT dispatch instructions • Coordinate transmission system planning • Update & validate Network Operations Models Module 1 : Slide 22
Locational Marginal Pricing What is Locational Marginal Pricing (LMP)? Pricing: Cost Marginal: ag a to o se serve e the e next e increment c e e oof Load oad Locational: at an Electrical Bus Module 1 : Slide 23
Page 1 and 2: NODAL MARKET EDUCATION Transmission
Page 3 and 4: Course Objectives Upon completion o
Page 5 and 6: Course Modules Modules in this cour
Page 7 and 8: Module Objectives Upon completion o
Page 9 and 10: Nodal Market Overview (continued) M
Page 21: Roles and Responsibilities ERCOT Op
Page 25 and 26: Locational Marginal Pricing Importa
Page 27 and 28: Locational Marginal Pricing Calcula
Page 29 and 30: Settlement Point Prices Types of Se
Page 31 and 32: Settlement Point Prices What is a L
Page 33 and 34: Settlement Point Prices Six Hubs in
Page 35 and 36: Settlement Point Prices Impact of O
Page 37 and 38: Scenario: Outages and LMPs (continu
Page 45: Module Summary In this module we:

TRN101 - Module 1: Course Introduction - ERCOT.com

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