DocumentCode
3310171
Title
Bidding Ancillary Services in RTO Markets
Author
Noble, Charlie
Author_Institution
ACES Power Marketing, Carmel, IN
fYear
2006
fDate
Oct. 29 2006-Nov. 1 2006
Firstpage
556
Lastpage
560
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;
fLanguage
English
Publisher
ieee
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
Type
conf
DOI
10.1109/PSCE.2006.296376
Filename
4075815
Link To Document