Smooth start for Texas nodal

Hedging activities in Ercot’s day-ahead market have commenced after its nodal transition. Pauline McCallion reports on expectations for future risk management developments

Nodal day-ahead market

The transition from a zonal to a nodal market on December 1, 2010 was a long time coming for the Electric Reliability Council of Texas (Ercot). The system operator was ordered to develop a nodal wholesale market design in September 2003 by the Public Utility Commission of Texas and shelved its first attempt to transition in 2008.

Under the new structure, the grid will consist of more than 4,000 nodes or pricing points, as opposed to just four congestion management zones under the old system

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

CTRM systems 2024: market update and vendor landscape

A Chartis report on commodity trading and risk management systems that considers its different applications and addresses the market and vendor dynamics to determine the long-term and structural impacts of the overarching market evolution on the…

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here