ERCOT, the Electric Reliability Council of Texas, operates the electric grid for 24 million Texans, for about 90% of the state’s electric load. Potomac Economics is the independent market monitor, with no enforcement ability. Platt’s Management Daily reports on the daily electricity usage. The mission of ERCOT is to avoid brown outs and black outs. Several years ago ERCOT cut off electricity to the Dallas Medical Center and that was a mess. When there is an approaching brown out or black out, ERCOT can raise price of wholesale electricity to bring on line mothballed, inefficient or otherwise withheld power plants to increase supply.
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.