Course Catalog
Access ERCOT course offerings, review curriculum and register online.
Please see individual course listings for details. ERCOT's Course Recommendations can also be of assistance in determining the best training for the different Market Participant types.
Instructor-Led Courses
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Combined Cycle Generation Resources
This instructor-led course focuses exclusively on Combined Cycle Generation Resources (CCGRs) in the ERCOT Markets. Topics include: · Operational requirements for CCGRs · Participation of CCGRs in the Day-Ahead Market, Reliability Unit Commitment, and Real-time dispatch processes · Financial considerations
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Congestion Revenue Rights
Congestion Revenue Rights, a four-hour course, introduces the attendee to terminology used in the auctioning and scheduling of congestion revenue rights (CRRs) in the ERCOT markets.
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Credit Management
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.
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Day-Ahead Market Operations
Day-Ahead Market Operations explores the functions of the Day-Ahead Market process including inputs, clearing and financial implications.
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Energy Storage Resources
This instructor-led course focuses exclusively on Energy Storage Resources (ESRs) in the ERCOT Markets. Topics include: · Operational requirements for ESRs · ESR provision of Energy and Ancillary Services · Financial considerations
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Forward Markets 101
Forward Markets 101 is an introduction to the ERCOT market. The course explores the primary market components of the Forward Markets including CRR, bi-lateral trades and the Day-Ahead Market. This course is recommended as a prerequisite before taking more advanced courses offered by ERCOT Market Training.
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Intermittent Renewable Resources
Intermittent Renewable Resources, or IRRs, have unique operational characteristics that set them apart from all other types of Resources. This course highlights these unique characteristics and examines the special provisions built into the ERCOT market design to accommodate IRRs.
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Load Serving Entities 201
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.
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MarkeTrak - Part 1
This training offers a closer look at the more common MarkeTrak subtypes used for issue resolution in the retail market. MarkeTrak is the web-based database application used to track and manage ERCOT Retail Market data discrepancies. Part I will explore general navigation, administration, reporting, and bulk insert functionality along with several more common subtypes such as Usage & Billing, Missing Enrollment Transactions, and additional Day to Day subtypes.
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MarkeTrak/IAG - Part 2
This training takes a deep dive into two of the most common MarkeTrak subtypes used for issue resolution in the retail market - exploring the fundamentals of the Switch Hold Removal process and the Inadvertent Gain/Loss/Rescission (IAS) processes providing a forum for facilitated discussion of these issues, best practices, and a review of the IAS market reporting. MarkeTrak is the web-based database application used to track and manage ERCOT Retail Market data discrepancies.
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Real-Time 101
Real-Time 101 is an introduction to the ERCOT market. The course explores the primary market components of Real-Time Operations and Reliability Unit Commitment along with Real-Time Co-Optimization. This course is recommended as a prerequisite before taking more advanced courses offered by ERCOT Market Training.
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Real-Time Market Operations
Real-Time Market Operations explores the functions of the Real Time Market processes including inputs, clearing and financial implications.
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Reliability Unit Commitment
Reliability Unit Commitment explores the functions of the RUC process including inputs, clearing and financial implications.
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Resources in ERCOT Market Operations
This instructor-led course analyzes how Resources are utilized in ERCOT Day-Ahead and Real-Time Markets. Topics include: Communication of Resource capabilities Resource limits and other constraints Commitment of Resources Optimization of Resources for Energy Dispatch and Ancillary Services Primary Frequency Response requirements
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Retail 101
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.
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Settlement: Ancillary Services
This course provides a comprehensive overview of financial settlements related to Ancillary Services transactions.
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Settlement: Congestion Revenue Rights
This course provides a comprehensive overview of financial settlements related to Congestion Revenue Right transactions.
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Settlement: Energy and PTP Obligations
This course provides a comprehensive overview of financial settlements related to Energy transactions and Day-Ahead Market Point-to-Point Obligation transactions.
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Texas SET Standard Electronic Transactions
This class is designed to provide a basic understanding of TxSET and the retail market processes driving the standard electronic transactions.
Web-based Training Courses
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CRR Market User Interface
This is the Congestion Revenue Rights Market User Inferface (CRR MUI) application training module.
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Congestion Revenue Rights
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).
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Credit Management
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.
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Day-Ahead Market eFactors
ERCOT uses eFactors to calculate a company’s credit exposure for bids and offers in the Day-Ahead Market. This course provides an in-depth review of how eFactors are calculated and how they impact Day-Ahead Market Credit exposures.
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ERCOT the ISO
ERCOT the ISO is for anyone new to the field of interconnected utilities and Independent System Operators. This course introduces the learner to ERCOT’s functions as the Independent System Operator for the ERCOT grid. The following topics are included: The basics of electricity production and delivery The de-regulated landscape of the ERCOT interconnection The basic responsibilities of ERCOT as the Independent System Operator
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ERCOT the Market
ERCOT the Market is for anyone new to the field of interconnected utilities and Independent System Operators. This course introduces the learner to ERCOT’s role in facilitating Wholesale Electrical Markets. The following topics are included: The goals of Wholesale Market Operations The specific Markets facilitated by ERCOT Operating Reserves and how they are provided The players involved in the ERCOT Markets Introduction to Wholesale Market Settlement
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ERCOT the Retail Transaction Clearinghouse
ERCOT the Retail Transaction Clearinghouse is for anyone new to the field of interconnected utilities and Independent System Operators. This course introduces the learner to ERCOT’s role in facilitating the competitive Retail Electrical Market in Texas. The following topics are included: Retail Competition in ERCOT Areas with Customer Choice Players in the ERCOT Retail Markets ERCOT’s role in facilitating Customer Choice
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Emergency Operations & Communications
This web-based training course addresses the steps ERCOT takes before and during emergency operations. First, the course introduces Physical Responsive Capability (PRC) and demonstrates how it triggers various actions from ERCOT.
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IRR Forecasting
This on-demand course illustrates ERCOT’s process of forecasting Intermittent Renewable Resources (IRRs). The course is divided into two important aspects of forecasting: Predicting expected IRR output levels for each hour Predicting significant IRR ramping events that could imperil system operations
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Introduction to ERCOT Data Extracts
This course explores the fundamentals of ERCOT data extracts, which are used by market participants for operational analysis.
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Load Serving Entities 201
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.
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Locational Marginal Pricing
This web-based only course provides an entry-level understanding of the concept of Locational Marginal Prices that are at the core of ERCOT price formation.
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MarkeTrak System Application
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.
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Mass Transitions
This web-based course is designed for participants in the ERCOT Competitive Retail Market seeking information on the Mass Transition process that occurs when a Competitive Retailer defaults or exits the market abruptly. This course is primarily of interest to Competitive Retailers and Transmission and Distribution Service Providers.
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Outage Scheduler for QSEs & TDSPs
This course is a web-based training introduction for QSE and TDSP users to the Outage Scheduler interface.
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Quick Start Generation Resources
This on-demand course focuses exclusively on Quick Start Generation Resources (QSGRs) in the ERCOT Markets. Topics include: Basic definitions and services provided Real-time dispatch and decommitment
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Resource Indicator Start-Up Shut-Down
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.
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Resource Responsibilities in ERCOT
This course provides an overview of the responsibilities for operating Resources in ERCOT.
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Resources in ERCOT
This on-demand course is the entry point to the ERCOT Resources Curriculum. The self-guided design allows the user to explore each Resource type in the order they choose and view the capabilities of each.
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Resources in ERCOT
This on-demand course is the entry point to the ERCOT Resources Curriculum. The self-guided design allows the user to explore each Resource type in the order they choose and view the capabilities of each.
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Retail 101
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.
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Settlement: Basic Process
This brief Web-based Training provides an introduction to the Settlements Process in ERCOT. This course is intended as a pre-requisite for the following Instructor-led courses: Settlement: Energy and PTP Obligations Settlement: Ancillary Services Settlement: Congestion Revenue Rights It is strongly recommended that you complete this Web-based Training shortly before attending either one of these Instructor-led courses.
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Texas SET (Standard Electronic Transactions)
This class is designed to provide a basic understanding of TxSET and the retail market processes driving the standard electronic transactions.
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Wholesale Markets Overview
This brief Web-based Training provides an introduction to Wholesale Market Operations in ERCOT.
Seminars and Workshops
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EPS Meter Inspector
This course is designed to provide an overview of ERCOT-polled settlement (EPS) meter inspector responsibilities.
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Verifiable Costs Workshop
The Verifiable Cost Workshop will provide a high-level overview of the key components of the Verifiable Cost process in the Nodal market.
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Market Modeling and Transient Stability with PowerWorld Simulator
Software training in the use of PowerWorld Simulator and add-on products OPF/SCOPF, ATC, PVQV, Transient Stability, and SimAuto. This training also covers some basics of the engineering, operations, and economics of interconnected power systems.