Exploring ERCOT Pt. 2 with Brandt Vermillion (ERCOT Market Lead @ Modo Energy)

Handling over 90% of the Texas’s electric load, ERCOT uses various techniques which creates a unique environment for both supply and demand. In the second part of Exploring ERCOT , Quentin and Brandt take a deeper look at some of these.If you missed the first instalment - check it out here for insight into how the ERCOT control room works, the common and irresolvable constraints faced by the system, how Storm Uri affected the grid and what buildout looks like across the state going forward.Modo Energy’s ERCOT Market Lead, Brandt Vermillion is back in the studio with Quentin to discuss:Locational marginal pricing (LMPs) and what effect this has on the system. How congestion impacts buildout and prices across ERCOT. Large Flexible Loads, such as data centres and bitcoin mines - and how these are changing the shape of demand.An overview of ancillary services in ERCOT.About Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain.To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. If you want to peek behind the curtain for a glimpse of our day-to-day life in the Modo office(s), check us out on Instagram.