Statewide Electric Grid
Austin Energy is a member of the
Electric Reliability Council of Texas (ERCOT).
ERCOT is one of 10 regional reliability councils in North
America. It is an independent, not-for-profit organization.
ERCOT's Role
ERCOT administers and is responsible for the reliability
of the state’s power grid.
| ERCOT: |
 |
Serves about 80% of Texas |
 |
Oversees 70,000 megawatts of generation |
 |
Manages 37,000 miles of transmission lines |
Because Austin Energy represents 4% of the
statewide generation load, it pays 4% of ERCOT’s costs
to operate the statewide grid.
Deregulation
in Texas
Retail electric deregulation in Texas began in 2002.
ERCOT now facilitates the operation of the retail competitive
market by:
 |
Ensuring all generators have equal access to the statewide electric grid. |
 |
Implementing measures that manage transmission congestion. |
Austin Energy is not participating in retail
deregulation. Austin Energy does:
 |
Participate in the ERCOT wholesale market. |
 |
Take part in balancing power needs for the statewide
grid. |
 |
Contract to buy or sell power from other parties. |
Austin Energy’s Qualified Scheduling
Entity (QSE) is the control center for Austin Energy in:
 |
Scheduling load |
 |
Determining what generation we
run at what time |
 |
Bidding excess energy into the
market |
During the first year of deregulation,
the QSE settled more than 7.6 million transactions representing
$158 million. The ERCOT market settles energy transactions
every 15 minutes, or 96 times a day. |