Electric Reliability Council of Texas
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. ERCOT works with the Texas Reliability Entity (TRE), one of six regional entities within the North American Electric Reliability Corporation (NERC) that coordinate to improve reliability of the bulk power grid.
ERCOT headquarters in Austin, Texas | |
Type | 501(c)(4), charitable organization |
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Tax ID no. | 74-2587416 |
Headquarters | Austin, Texas |
Chief Executive Officer | Pablo Vegas |
Paul L. Foster | |
Vice Chair, Board of Directors | Bill Flores |
Website | ercot.com |
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. ERCOT also performs financial settlements for the competitive wholesale bulk-power market and administers retail switching for 7 million premises in competitive choice areas.
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 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 August 10, 2023, when consumer demand hit 85,508 MW. A megawatt of electricity can power about 200 Texas homes during periods of peak demand. By 2022, ERCOT had 2 GW of grid batteries, with another 6 GW underway.