The Electric Reliability Council of Texas (ERCOT) is responsible for maintaining a balance on a daily basis of generation and consumption within the grid. Often enough, the load consumption runs a risk of surpassing the generation and ERCOT administers various programs to assist market participants meet balanced-schedule requirements.
ERCOT has developed demand response products and services for Clients that have the ability to reduce or modify electricity use in response to events which put pressure on the daily balance of supply versus consumption within the grid. These programs can help reduce the load consumption during times and highly compensate those participants. Clients may participate by offering to reduce their energy usage in response to market events identified by ERCOT.
Simplified Power can help your company manage the risks associated with these different programs and help provide solutions for participation and increase revenues. A demand response program may be a great fit for your company.