The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. ERCOT is the first independent system operator (ISO) in the United States and one of nine ISOs in North America. ERCOT works with the Texas Reliability Entity (TRE), one of eight regional entities within the North American Electric Reliability Corporation (NERC) that coordinate to improve reliability of the bulk power grid.As the ISO for the region, ERCOT dispatches power on an electric grid that connects more than 46,500 miles of transmission lines and more than 610 generation units.The United States Energy Information Administration Electric Power Monthly published the following detailed report regarding Texas's Net Generation by Energy Source: Total (All Sectors), 2010-December 2020, (Thousand Megawatthours), Table 1.1, for the Month of December 2020:Coal: 78,700 MWh;Petroleum Liquids: 909 MWh;Petroleum Coke: 742 MWh;Natural Gas: 125,704 MWh;Other Gas: 972 MWh;Nuclear: 69,871 MWh;Hydroelectric Conventional: 23,086 MWh;Solar: 5,381 MWh;Renewable Sources Excluding Hydroelectric and Solar: 38,812 MWh;Hydroelectric Pumped Storage: -368; Other: 1,160 MWh.According to an ERCOT report, the major sources of generating capacity in Texas are natural gas (51%), wind (24.8%), coal (13.4%), nuclear (4.9%), solar (3.8%), and hydroelectric or biomass-fired units (1.9%). ERCOT also performs financial settlements 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, and its members include consumers, electric cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers), and municipally owned electric utilities.Power demand in the ERCOT region is typically highest in summer, primarily due to air conditioning use in homes and businesses. The ERCOT region's all-time record peak hour occurred on June 12, 2022, when consumer demand hit 75,083 MW. A megawatt of electricity can power about 200 Texas homes during periods of peak demand.[citation needed]Bill Magness, CEO of ERCOT, was fired on March 4, 2021, for his role in the 2021 power loss incident. The board delivered a 60-day termination notice to Magness, who has been president and CEO since 2016. The board said he would serve in those roles for the next two months.
In 2024, Texas operators observed 23-Hz oscillations in real power measurements close to a large electronic load (LEL). Oscillations emerged when the load's power consumption reached approximately 320 MW level and subsided as the active power demand decreased. The paper aims to analyze the event and reproduce the oscillations using electromagnetic transient (EMT) simulations. In the first stage, a representative feedback system is developed, and frequency-domain analysis is conducted to examine the phenomenon and identify its key influencing factors. Next, detailed EMT simulations are performed to further validate the proposed analytical approach. The results show that the feedback system effectively captures and characterizes the critical features of the 23-Hz oscillation incident. In addition, the EMT simulations successfully reproduce the real-world event, with the simulated results closely matching the fault recorder data.
The increasing number of Large Loads, such as data centers and cryptocurrency miners, is introducing new reliability challenges for Bulk Power Systems (BPS). As seen in recent industry events, these loads have become significant contributors to customer-initiated load reduction, oscillations, and frequency transients. While these Large Loads form the basis for our digital economy and support modern infrastructure, it is important that they do not adversely impact the BPS reliability. This paper investigates various BPS events that primarily involve Large Loads and develops a taxonomy of root-causes related to equipment design, control systems, and the software operating these loads. This taxonomy is utilized to guide further research into solutions for these issues, and the paper proposes both facility-level and grid-level mitigation techniques to address the identified challenges.
Dynamic phenomena linked to inverter-based resources (IBRs) have gained global attention. Several IBR-induced dynamics have caused bulk power system-connected wind or solar power plants to trip, and some have even led to widespread outages. In addition, many oscillations have been observed involving IBR power plants. In 2023, the IEEE Power & Energy Society (PES) IBR Subsynchronous Oscillations (SSO) task force published a journal article, “Real-World Subsynchronous Oscillation Events in Power Grids With High Penetrations of Inverter-Based Resources,” in which 19 IBR oscillation events were examined for their causation. Earlier in 2020, another PES task force article, “Definition and Classification of Power System Stability-Revisited & Extended,” authored by prominent academics, introduced converter-driven stability as a new category of stability. The international power grid industry community also took action by publishing the CIGRE Green Book, Power System Dynamic Modelling and Analysis in Evolving Networks (led by Babak Badrzadeh and Zia Emin) in 2024. In August 2024, the Energy Systems Integration Group (ESIG) released a practical guide led by Nick Miller, “Diagnosis and Mitigation of Observed Oscillations in IBR-Dominant Power System: A Practical Guide.” The goal of the guide is to assist practicing engineers in making initial judgments and conducting detailed analyses about oscillations. When addressing the classification of stability and oscillations, the guide emphasizes a causality-based taxonomy for grouping, such as voltage control-induced oscillations, synchronization-induced oscillations, and frequency or active power control-induced oscillations.
This paper presents a stochastic framework based on the bow-tie methodology and root-cause analysis to assess correlated triggering risk events, combined with Monte Carlo simulation of cascading barrier failures. The example framework models root causes—including low renewable output, high thermal outages, and severe transmission constraints—and quantifies their combined impact when the Capacity Available for Operating Reserves (CAFOR) falls below 1,500 MW. Preventive and mitigative barriers, consistent with ERCOT’s Energy Emergency Alert (EEA) actions, are simulated using Monte Carlo techniques with correlated reliability parameters. Results show that winter months peak near 3% involuntary load curtailment at the 95th percentile, while summer months remain at ~0.6–0.8%. The framework demonstrates a data-driven basis for evaluating resource adequacy and prioritizing reliability investments in increasingly weather-dependent grids.
This paper presents a risk segmentation approach for scheduling generation in power systems with high penetration of renewable energy resources (RERs). This approach aims to facilitate risk-adjusted participation of RERs in the day-ahead market (DAM). It borrows from debt securitization techniques to define risk tranches and develops separate bid curves of RERs by the tranches of different grades of risk. Assigning a higher price to a tranche with greater risk can prevent a renewable asset owner from incurring losses when the asset cannot produce the day-ahead committed amount of energy and must buy energy from the real-time market (RTM). In the proposed approach, the system operator utilizes the risk-segmented bids from RERs and generation reliability constraints to solve a risk-adjusted unit commitment (UC) problem. To a system operator, this can be treated as a deterministic DAM dispatch. The stochasticity of this UC problem is embedded in the renewable bid curves. The resulting increase in DAM revenues due to additional DAM commitment benefits the renewable asset owners. The loads can also benefit from additional RER commitment in DAM as it lowers DAM energy prices. The paper will focus on using this risk-adjusted strategy for wind energy resources. The approach is illustrated on a synthetic 6,700- bus model of the 2030 Electric Reliability Council of Texas (ERCOT) system that has a significant penetration of wind resources.