Transcription of 2016 S MARKET REPORT F ERCOT ELECTRICITY MARKETS
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2016 S MARKET REPORT F ERCOT ELECTRICITY MARKETS
David B. Patton, 2016 STATE OF THE MARKET REPORT FOR THE ERCOT ELECTRICITY MARKETS Independent MARKET Monitor for ERCOT May 2017 Contents 2017 Potomac Economics 2016 State of the MARKET REPORT | / TABLE OF CONTENTS Executive Summary .. i Review of Real-Time MARKET Outcomes .. ii Day-Ahead MARKET Performance .. vi Transmission and Congestion .. ix Demand and Supply .. xi Reliability Commitments .. xiv Resource Adequacy .. xv Analysis of Competitive Performance .. xix Recommendations .. xxii I. Review of Real-Time MARKET Outcomes .. 1 A. Real-Time MARKET Prices .. 1 B. Real-Time Prices Adjusted for Fuel Price Changes .. 11 C. Aggregated Offer 14 D. ORDC Impacts and Prices During Shortage Conditions .. 16 E. Real-Time Price Volatility.
David B. Patton, Ph.D. 2016 STATE OF THE MARKET REPORT FOR THE ERCOT ELECTRICITY MARKETS Independent Market Monitor for ERCOT May 2017
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