ERCOT Announces Accelerated Target Date For Real-Time Co-optimization Go Live

Paul Ring | Source: Energy Choice Matters | Posted 09/16/2024

ERCOT noted that, "Since the initial RTC market design program, requirements have been enhanced to include functionality changes to account for the expansion of Battery Energy Storage Resources in the ERCOT market, which expanded the project to the Real-Time Co-optimization + Batteries (RTC+B) program."

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ERCOT has announced an accelerated implementation timeline for Real-Time Co-optimization (RTC) in the ERCOT market, specifically RTC+B, with a new target go-live date of December 5, 2025. This revised timeline represents a significant advancement from the previous mid-2026 target, signifying ERCOT's commitment to a more dynamic and efficient wholesale power market.

The RTC+B program, which incorporates Battery Energy Storage Resources, aims to enhance operational efficiency and reliability in the ERCOT system while also offering estimated annual wholesale market savings exceeding one billion dollars. The program has successfully met various milestones for business requirements and interface specifications, with system testing set to begin in early 2025, followed by market trials from May through November 2025 leading to the final implementation on December 5, 2025.

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ERCOT Announces Accelerated Target Date For Real-Time Co-optimization Go Live

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