| Related Content |
| On this site |
| Day-Ahead Market |
| Real-Time Market |
| Business Practice Manual |
Market Prices
ERCOT provides both Day-Ahead Market (DAM) prices on a daily basis and Real-Time Market (RTM) prices on an interval basis. Additionally, ERCOT has compiled DAM and RTM Settlement Point Prices (SPPs) for each of the Hubs and Load Zones by calendar year.
ERCOT monitors DAM, SCED, and SASM prices for errors. Price corrections are performed by ERCOT without the ERCOT Board's approval if done before the market prices are final. After the market prices are final, if ERCOT determines that prices are in need of correction, it shall notify Market Participants and describe the need for such correction. Market prices cannot be changed unless the ERCOT Board finds that the prices are significantly affected by a software or data error.
| Day-Ahead and Real-Time Displays | |
|---|---|
| LMP Contour Map The Locational Marginal Pricing (LMP) Contour Map offers a dynamic view of Real-Time resource node LMPs and both Day-Ahead Market and Real-Time Settlement Point Prices throughout the ERCOT region. |
| Day-Ahead Market Prices | |
|---|---|
| DAM Clearing Prices for Capacity View the Market Clearing Prices for Capacity for all Ancillary Services from the Day-Ahead Market for the last thirty days on a daily basis. | |
| DAM Hourly LMPs View the Hourly Locational Marginal Prices per electrical bus from the Day-Ahead Market for the last thirty days on a daily basis. | |
| DAM Settlement Point Prices View the Settlement Point Prices for all Resource Nodes, Load Zones, and Trading Hubs from the Day-Ahead Market for the last thirty days on a daily basis. | |
| DAM Shadow Prices View active and binding constraints as well as the associated shadow prices from the Day-Ahead Market for the last thirty days on a daily basis. | |
| DAM Total Obligation Bid Awards by Settlement Point View View the total amount of PTP Obligation Bids awarded and CRR Offers not awarded in the Day-Ahead Market per Settlement Point where the Settlement Point of the bid or offer is either the Source or the Sink for the last thirty days on a daily basis. |
| Real-Time Prices Reports | |
|---|---|
| LMPs by Electrical Bus View the Locational Marginal Price for each Electrical Bus, normally produced by SCED every five minutes. | |
| LMPs by Resource Nodes, Load Zones and Trading Hubs View the Locational Marginal Price for each Settlement Point, normally produced by SCED every five minutes. | |
| Real Time Point-to-Point Option Price Report The value in dollars in the real time market for each Point-to-Point Option, identified by source and sink Settlement Point, produced every hour. | |
| Settlement Point Prices at Resource Nodes, Hubs and Load Zones View the Settlement Point Price for each Settlement Point, produced from SCED LMPs every 15 minutes. |
| Price Corrections | |
|---|---|
| Price Corrections Notices View notification of Prices Under Investigation, Proposed Market Price Correction for Prices (Board Approval Pending), and Market Price Correction for Day-Ahead Market, SCED, and SASM. | |
| DAM Price Corrections Find DAM price corrections. | |
| RTM Price Corrections Find RTM price corrections. | |
| SASM Price Corrections Find SASM price corrections. |
| Historical Prices | |
|---|---|
| Historical DAM Load Zone and Hub Prices View DAM Settlement Point Prices (SPPs) for each of the Hubs and Load Zones. | |
| Historical RTM Load Zone and Hub Prices View RTM Settlement Point Prices (SPPs) for each of the Hubs and Load Zones. |