Course Catalog

This course provides a comprehensive overview of Congestion Revenue Rights (CRRs), financial instruments that can be used to hedge against congestion costs in the ERCOT Nodal Market..

This course provides a comprehensive overview of the financial credit management process for companies participating in the ERCOT Nodal Market. While the topic of market credit is included in other ERCOT courses, it is generally limited to credit consumption in market processes. The Credit Management course focuses on establishing and maintaining creditworthiness for companies who are registered as QSEs and CRR Account Holders.

Explores the fundamentals of the Inadvertent Gain process and provides a forum for facilitated discussion between market participants.

This course provides an overview of the ERCOT Nodal Market from the perspective of Load Serving Entities (LSEs), including Retail Electric Providers, Municipally-Owned Utilities and Electric Cooperatives. LSE 201 focuses on the tools available to LSEs to manage their cost exposure in the ERCOT Nodal Market.

This course provides a comprehensive overview of financial settlements with QSEs and CRR Account Holders in the ERCOT Nodal Market. Settlements 301 focuses on the charges and payments associated with Congestion Revenue Rights, the Day-Ahead Market, Reliability Unit Commitment and Real-Time Operations. 

This course is available to all Market Participants and ERCOT employees.

Nodal 101 is an introduction to the ERCOT nodal market. The course explores the primary market components of the Day-Ahead Market, Real-time Operations, and Congestion Revenue Rights (CRRs). This course is recommended as a prerequisite before taking more advanced courses offered by ERCOT market training.

Resource 301 expands upon Wholesale Markets 201 by exploring in greater detail the operation of Generation and Load Resources in the ERCOT Markets.

Market Participants involved in ERCOT's Competitive Retail Market should possess a broad knowledge of the environment in which they operate and the daily processes involved.  As new Market Participants enter ERCOT and personnel move to new roles within Market Participant companies, thorough training on the Retail Market is critical to the continued success of the Market.  This course, available on a regular basis, provides a high level overview of ERCOT's Competitive Retail Market.  

Transmission 101 is a 2 day course which covers the processes executed by ERCOT in the planning and operation of the ERCOT grid with emphasis on the interactions between ERCOT and Transmission Service Providers (TSPs).  The course describes TSP activities pertaining to Outage Coordination and Scheduling, Network Model Management, Congestion Revenue Rights, Day-Ahead Market/Adjustment Period plus Real-Time & Emergency Operations.

Note: Attendees are required to take the above prerequisite course. The Transmission 101 course will be taught assuming that the student possesses a thorough understanding of the information covered in the prerequisite course listed above prior to attending.

Wholesale Markets 201 is a comprehensive study of ERCOT Wholesale Market Operations. This three-day course explores the operational and financial requirements of the Day-Ahead Market, Reliability Unit Commitment and Real-Time Market processes. Numerous scenarios and examples will help the learner to visualize the relationship between market operations and system operations in the ERCOT market design.

This course is the web-based version of the instructor-lead Congestion Revenue Rights course. It introduces the market concepts for Congestion Revenue Rights in the ERCOT Nodal Market and the allocation, auctioning, and settlement of congestion revenue rights (CRRs).

This course is the web-based version of the instructor-led Credit management course. It provides a comprehensive overview of the financial credit management process for companies participating in the ERCOT Nodal Market. The Credit Management course focuses on establishing and maintaining creditworthiness for companies who are registered as QSE's and CRR Account Holders.                               

The intent of the CRR Market User Interface Training is to provide ERCOT CRR Market Participants.

This is the Congestion Revenue Rights Market User Inferface (CRR MUI) application training module.

This course explores the fundamentals of ERCOT data extracts, which are used by market participants for operational analysis.

This web-based course provides an overview of the ERCOT Nodal Market from the perspective of Load Serving Entities (LSEs), including Retail Electric Providers, Municipally Owned Utilities and Electric Cooperatives. LSE 201 focuses on the tools available to LSEs to manage their cost exposure in the ERCOT Nodal Market.

The Market Information System (MIS) training module introduces the web-based user interface established as the single-source for all ERCOT-published Market information related to system operations, market operations, and financial settlement and as the gateway through which Market Participants access the applications used in their interactions with ERCOT during the operation of the nodal market.

This online training for the Market Manager blends a combination of written, audio, and interactive material, organized to assist you in understanding, learning, and reviewing the concepts and tasks regarding the use of the Market Manager user interface. 

MarkeTrak is a web based application used to track, manage and store data utilized by ERCOT and Market Participants.  It is the tool used to track issue management and data discrepancies in the ERCOT retail market.

Nodal 101 is a web-based course introducing the ERCOT nodal market. The course explores the primary market components of the Day-Ahead Market, Real-time Operations, and Congestion Revenue Rights (CRRs). This course is recommended as a prerequisite before taking more advanced courses offered by ERCOT market training.

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 course is a web-based training introduction for QSE and TDSP users to the Outage Scheduler interface. The course is designed for Market Participants involved in owning and operating transmission equipment and Resources.

Since the implementation of NPRR348 (Generation Resource Start-Up and Shut-Down Processes) there has been some confusion about how the new STARTUP and SHUTDOWN status indicators should be used. This course is intended to alleviate the confusion about the expected use of these two status indicators for operating Generation Resources in ERCOT.

This course is the web-based version of the Retail 101 instructor-led course. The course is designed for Market Participants involved in the ERCOT Competitive Retail Market whether new to the market or new roles within Competitive Retailers, Transmission and Distribution Service Providers and PUCT staff.

The course covers the following topics:
Market History
Roles and Responsibilities
Market Rules
Retail Transactions
Impact of Smart Meter Technology
Data Transparency and Availability

This course is a specialized training in the proper restoration of the ERCOT system in the event of a system wide Black Out. Black Start is designed for TOPs and Generation Operators/QSEs.

This course is designed to provide an overview of ERCOT-polled settlement (EPS) meter inspector responsibilities.

The certification exam is offered by ERCOT to determine fundamentals in the electrical power and ERCOT power system operations.

The Verifiable Cost Workshop will provide a high-level overview of the key components of the Verifiable Cost process in the Nodal market.