Power Markets in the United States by region:
Energy Market Maps:
The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 24 million Texas customers - representing about 90 percent of the state's electric load. As the independent system operator for the region, ERCOT schedules power on an electric grid that connects more than 43,000 miles of transmission lines and 550 generation units. ERCOT also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for 7 million premises in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature. ERCOT's members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers,) and municipal-owned electric utilities.
ETRM Systems can streamline, automate and integrate the bidding process in ERCOT. ETRM Systems can also integrate your ERCOT trades along with the zonal hub prices into your trading system, your optimization and planning solutions along with your shadow settlement system for the day-ahead, real-time, ancillary services and CRR markets.
The California Independent System Operator (CAISO) operates a competitive wholesale electricity market and manages the reliability of its transmission grid. CAISO provides open access to the transmission and performs long-term planning. In managing the grid, CAISO centrally dispatches generation and coordinates the movement of wholesale electricity in California and a portion of Nevada.
ETRM Systems provides ISO interaction solutions with CAISO’s day-ahead and real-time markets, ancillary services, and congestion revenue rights. We can also help you with automated solutions in regard to optimizing opportunities in the 15 minutes CAISO energy imbalance market in Oregon, Washington, California, Utah, Wyoming and Idaho.
MISO operates the transmission system and a centrally dispatched market in portions of 15 states in the Midwest and the South, extending from Michigan and Indiana to Montana and from the Canadian border to the southern extremes of Louisiana and Mississippi. The system is operated from three control centers: Carmel, Indiana; Eagan, Minnesota; and Little Rock, Arkansas. MISO also serves as the reliability coordinator for additional systems outside of its market area, primarily to the north and northwest of the market footprint.
ETRM Systems can help MISO member participants develop automated plant optimization models for their commercial and operational group taking into account your planning reserve margin requirements as a demand response resource or load modifying resource participant. Optimization model takes into account the net benefit prices threshold of current and prompt months. ETRM Systems can also systematically assess emergency demand response opportunities in relation to the locational marginal pricing in the system.
ISO-NE operates wholesale power markets that trade electricity, capacity, transmission congestion contracts and related products and performs long-term planning for the New England system. ISO-NE serves six New England states: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
ETRM Systems can streamline, automate and integrate the capacity sale auction process for NE-ISO member participants. ETRM Systems can also integrate your trading system, your optimization and planning capabilities along with your settlement system in the day-ahead, real-time, forward capacity, FTRs, forward reserve, real-time reserve, regulation up and regulation down markets.
NYISO operates wholesale power markets that trade electricity, capacity, transmission congestion contracts and related products and performs long-term planning for the New York system. NYISO serves the state of New York with NYC and Long Island area being the largest consumers of electricity.
ETRM Systems can automatically integrate your day-ahead LBMP, real-time LBMP, day-ahead ancillary services and real-time ancillary services with your ETRM solution. ETRM systems can also integrate NYISO load forecast and real-time actual load with your asset optimization system to provide short-term and long-term optimization models.
The Northwest includes the Northwest Power Pool (NWPP) which is composed of the states of Washington, Oregon, Idaho, Wyoming, Montana, Nevada and Utah, a small portion of Northern California and the Canadian provinces of British Columbia and Alberta. The Northwest also includes the Rocky Mountain Power Area (RMPA) and the Arizona, New Mexico, Southern Nevada Power Area (AZ/NM/SNV) within the Western Electricity Coordinating Council (WECC), a regional entity.
ETRM Systems will help you manage automatically all your power trades and asset generation dispatches based on the asset location in the specific Northwest power areas.
The PJM Interconnection operates a competitive wholesale electricity market and manages the reliability of its transmission grid. PJM provides open access to the transmission and performs long-term planning. In managing the grid, PJM centrally dispatches generation and coordinates the movement of wholesale electricity in all or part of 13 states (Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia) and the District of Columbia.
ETRM Systems can automatically integrate your day-ahead LMP, real-time LMP, day-ahead ancillary services, real-time ancillary services and FTRs with your ETRM solution. ETRM systems can also integrate PJM load forecast and real-time actual load with your asset optimization system to provide short-term and long-term optimization models.
The Southeast electricity market is a bilateral market that includes all or parts of Florida, Georgia, Alabama, Mississippi, North Carolina, South Carolina, Missouri and Tennessee. It includes Florida Reliability Coordinating Council (FRCC) and the Southeastern Electric Reliability Council (SERC).
ETRM Systems will help you manage systematically all your bilateral physical power trades from the analytical phase to the scheduling phase to the settlement phase.
The Southwest electric market encompasses the Arizona, New Mexico, southern Nevada (AZ/NM/SNV) and the Rocky Mountain Power Area (RMPA) sub-regions of the Western Electric Coordinating Council (WECC).
ETRM Systems will help you manage automatically all your power trades and asset generation dispatches based on the asset location in the specific Southwest power areas.
Southwest Power Pool (SPP) is a RTO that ensures reliable power supplies, adequate transmission infrastructure and competitive wholesale electricity prices for its members. Based in Little Rock, Ark., SPP manages transmission in fourteen states: Arkansas, Iowa, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas and Wyoming.
ETRM Systems can help you operate efficiently in the SPP real-time Energy Imbalance Service (EIS) market and the SPP Integrated Marketplace which includes a market for Transmission Congestion Rights.