TRN101 - Module 1: Course Introduction - ERCOT.com

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Settlement Point Prices What is a Resource Node? • An Electrical Bus where a Resource’s measured output is settled Settlement Point Price • Calculated from LMPs at the Resource Node Resource Nodes Resource Electrical Bus <strong>Module</strong> 1 : Slide 30
Settlement Point Prices What is a Load Zone? • A grouping i of f El Electrical t i l BBuses with ith LLoad d Settlement Point Price • Calculated from the load-weighted average of all LMPs in the zone Three types of Load Zones • Competitive Load Zones • NNon-Opt O t in i Entity E tit (NOIE) Load L d Zones Z • DC Tie Load Zones Load ZZones All Load must be assigned to a Load Zone for Settlement purposes <strong>Module</strong> 1 : Slide 31
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 and 22: Roles and Responsibilities ERCOT Op
Page 23 and 24: Locational Marginal Pricing What is
Page 25 and 26: Locational Marginal Pricing Importa
Page 27 and 28: Locational Marginal Pricing Calcula
Page 29: Settlement Point Prices Types of Se
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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