Infocast will hold its 3rd Annual ERCOT Market Summit on February 25-27 in Austin, Texas.
Responsible for managing the flow of electric power to 24 million customers, the Electric Reliability Council of Texas (ERCOT) is in a state of flux.
Texas needs massive new generation and transmission upgrades. The grid operator also faces some of the worst resource adequacy challenges in the US and is plagued by congestion. The drought still threatens power plant operations. Further, the Environmental Protection Agency’s Clean Power Plan may force the shutdown of coal-fired plants.
In response to these challenges, ERCOT is increasing the market cap to $9000/MWh by the summer of 2015 to encourage new development of generation. The increase will create new investment opportunities for the power industry.
Industry experts will focus on Oncor’s proposed 5-GW energy storage plan.
Building on the success of the previous meeting, Infocast has once again organized the ERCOT Market Summit to provide a forum for industry leaders to come together and discuss the regulatory changes that are driving new development and investment opportunities.
The conference will features speakers from the Association of Electric Companies of Texas, Austin Energy, Duke Energy, Electric Transmission Texas, American Electric Power, ERCOT, NRG Energy, Oncor, Panda Power Funds and other leading organizations. Discussion will focus on regulatory updates and other issues affecting the ERCOT Market.
Industry experts will address: how to integrate renewables, transmission and energy storage into the ERCOT market, with a focus on Oncor’s proposed 5-GW energy storage plan. They will explore investment potential and financing of new projects and will examine the impact of market reforms on power prices and trading.
Previous participant, Chris Mieckowski, Product Line Manager, KIEWIT, described the ERCOT Market Summit as a “Fantastic conference! It’s rare to be able to gather a crowd encompassing regulatory agencies, and legislative and generation representatives.”
Attendees will have the opportunity to network with policymakers, utilities, independent power producers, demand response and energy storage executives. The gathering offers an opportunity to get the most relevant and up-to-date information about regulatory changes and potential opportunities to solve resource adequacy shortfalls in the ERCOT Market.
For more information, to register, or to join as a sponsor, visit the event website or contact Infocast at 818-888-4444.
To see a listing of the microgrid event for 2015 visit the Microgrid Knowledge Events Calendar.