TRN101 - Module 1: Course Introduction - ERCOT.com

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Settlement Point Prices How often are LMPs & Settlement Point Prices calculated? • Every Hour •LMPs ffor each electrical bus • Settlement Point Prices • Every 5 minutes • LMP LMPs ffor each h electrical l t i l b bus* * • Every 15 minutes • Settlement Point Prices * LMPs generated at each SCED cycle (possibly more often than 5 minutes) Slide 34
Settlement Point Prices Impact of Outages on Prices •Outages O t and d limits li it iimpact t – Locational Marginal Prices (LMPs) – Settlement Settlement Point Prices Outage Outage Outage <strong>Module</strong> 1 : Slide 35
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 and 30: Settlement Point Prices Types of Se
Page 31 and 32: Settlement Point Prices What is a L
Page 33: Settlement Point Prices Six Hubs in
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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