As it stands, the ERCOT is plagued with congestion, and the Clean Power Plan, along with continued low gas prices, is likely to drive the closure of many coal-fired generation units.
Woodland Hills, CA (PRWEB) January 04, 2016
Infocast is pleased to announce the return of the ERCOT Market Summit, scheduled to take place February 29- March 2, 2016 in Austin, TX. The Summit will examine a number of issues affecting the Electric Reliability Council of Texas, including how the EPA CPP will influence the current landscape, as well as opportunities emerging in generation, transmission, storage and energy efficiency markets.
With the EPA Clean Power Plan dominating media channels, and climate change looming heavy, much uncertainty hangs in the air for the ERCOT marketplace. As it stands, the ERCOT is plagued with congestion, and the Clean Power Plan, along with continued low gas prices, is likely to drive the closure of many coal-fired generation units.
A massive build-out of wind and solar may be the most obvious solution, but the deliverability of the renewables in the queue hinge on large investments in transmission infrastructure. Under the current market rules, economic signals and rewards do not create the impetus to invest in needed generation and transmission. ERCOT increased the market cap to $9000 MW/h in the summer of 2015, but this failed to generate a substantial market signal.
Attend ERCOT Market Summit 2016 to hear from key policymakers, as well as utility, IPP and energy storage executives as they explore the strategies needed to meet Texas’ future power requirements. They will examine how the revamping of the ancillary services market could lead to opportunities for DR, energy storage and other potential game-changers in the ERCOT market. Finally, financiers will provide their perspectives on investing in and financing projects
For more information, to register, or to join as a sponsor visit: infocastinc.com/ercot-market
For nearly 30 years, Infocast has been a leading producer of top quality B2B networking events, each tailored to the specific needs of the industries they serve. Infocast is committed to the success of all participants, and ensures this by doing extensive marketplace research in order to bring together a diverse group of major industry stakeholders, as well as create a platform for attendees to have in-depth discussions, while generating new business contacts.