Title :
Bidding Ancillary Services in RTO Markets
Author_Institution :
ACES Power Marketing, Carmel, IN
fDate :
Oct. 29 2006-Nov. 1 2006
Abstract :
The ERCOT ISO offers its market participants the simultaneous opportunity to increase the value of their assets and reduce operating costs to meet customer load and ancillary obligations. This market for ancillary services is comprised of four standard products that can be hedged and are actively traded. This paper will discuss factors affecting a participant´s market interaction with ERCOT´s ancillary services market and the development of bidding strategies for those services
Keywords :
cost reduction; customer services; market opportunities; power markets; power system economics; ERCOT ISO; RTO markets; bidding ancillary services; customer load; market opportunity; market participant´s; operating costs reduction; Costs; ISO; Real time systems; Uncertainty;
Conference_Titel :
Power Systems Conference and Exposition, 2006. PSCE '06. 2006 IEEE PES
Conference_Location :
Atlanta, GA
Print_ISBN :
1-4244-0177-1
Electronic_ISBN :
1-4244-0178-X
DOI :
10.1109/PSCE.2006.296376
