Operating Reserve Demand Curve eLearning
On June 1, 2014 ERCOT implemented the Operating Reserve Demand Curve. This created a Real-Time Price Adder to reflect the value of the available reserves in Real-Time. It reflects the Value of Lost Load (VOLL) based on the probability that load would have to be shed.
This one-hour web based training examines how this initiative impacts ERCOT market participants.
- Describe the Purpose of ORDC
- Recognize the Methodology for Implementing ORDC
- Illustrate the Settlement Impacts of ORDC
ERCOT Market Participants
|24 x 7, online||Online||Web||Launch|
Archived materials from spring 2014 workshops.