balancing authority

To understand what the Electric Reliability Council of Texas (ERCOT) is, it helps to understand how the North American electric power system is configured. The contiguous U.S. is comprised of three power grids or “interconnections.” The Eastern Interconnection reaches from central Canada eastward to the Atlantic coast (excluding Québec), south to Florida, and west to […]

An energy imbalance market (EIM) is a voluntary market that provides a sub-hourly economic dispatch of participating resources for balancing supply and demand every five minutes. One such market is the Western