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ERCOT Has Identified A Need To Procure Capacity To Meet Load And Reserve Requirements During The Summer 2024 Peak Load Season
In accordance with paragraph (4) of ERCOT Protocols § 6.5.1.1, ERCOT Control Area Authority, ERCOT has identified a need to procure capacity to meet Load and reserve requirements during the summer 2024 Peak Load Season. This need is informed by several factors, including significant Load growth since last summer and a reliability need to limit power transfers across specific transmission interfaces that deliver power from South Texas into the San Antonio region under certain conditions involving high, systemwide Demand.
ERCOT Issues Seeks To procure Demand response Capacity Sources that provide up to 500 MW of relief on the relevant transmission facilities.
ERCOT is seeking Demand response capacity that would provide up to 500 MW of relief on the constraints based on observed power flows over the relevant transmission facilities in the summer 2023 Peak Load Season. The maximum exceedance observed was 139%; 40% of each facility’s limit equals 472 MW. Thus, an amount of up to 500 MW will address a historical max exceedance recognizing continued Load growth.
Full details of timeline and schedule of activities for the procurement event are found at link below:
https://www.ercot.com/services/comm/mkt_notices/M-A050324-01.
