Monday, September 13, 2010

Friday, September 3, 2010

Glossary

A

Term/AcronymDefinition
ADRAlternative Dispute Resolution
ADUAdjusted Daily Usage
AEICAssociation of Edison Illuminating Companies
AGCAutomatic Generation Control
AMLAdjusted Metered Load
AMRAdjusted Metered Resource
AMSAdvanced Metering System
APAdjustment Period
APIAutomated Programmatic Interface
ASAncillary Services
ATCArea Transmission Constraints
Adjusted Metered LoadRetail Load usage data that has been adjusted for UFE and transmission and/or distribution losses.
Adjustment PeriodThe Adjustment Period for any given Operating Hour is the time period following the close of the Day-Ahead market and extending up to each Operating Period.
Advanced MeterAny new or appropriately retrofitted meter that functions as part of an Advanced Metering System and deployed pursuant to P.U.C. SUBST. R. 25.130, Advanced Metering.
Advanced Metering System (AMS)A system, including Advanced Meters and the associated hardware, software, and communications devices, that collects time-differentiated energy usage and is deployed pursuant to P.U.C. SUBST. R. 25.130.
AdvisoryThe second of four possible levels of communication issued by ERCOT in anticipation of a possible emergency condition detailed in Section 5.6.
Affiliate
  1. An Entity who directly or indirectly owns or holds at least five percent of the voting securities of another Entity; or
  2. An Entity in a chain of successive ownership of at least five percent of the voting securities of another Entity; or
  3. An Entity that has at least five percent of its voting securities owned or controlled, directly or indirectly, by another Entity; or
  4. An Entity that has at least five percent of its voting securities owned or controlled, directly or indirectly, by an Entity who directly or indirectly owns or controls at least five percent of the voting securities of another Entity or an Entity in a chain of successive ownership of at least five percent of the voting securities of another Entity; or
  5. A person who is an officer or director of another entity or of a corporation in a chain of successive ownership of at least five percent of the voting securities of an Entity; or
  6. An Entity that actually exercises substantial influence or control over the policies and actions of another Entity; or
  7. Any other Entity determined by the PUCT to be an Affiliate.
Aggregated Retail Load DataAdjusted Metered Load that has been aggregated as defined in Section 11.5.1, Aggregate Retail Load Data.
Aggregated Unit

A single plant or facility containing two or more individual generation units that require tandem operation for optimal performance (e.g. a combined cycle plant) which ERCOT has agreed to treat as a single unit for settlement purposes only as set forth in Protocols Section 6.8.2.4, Aggregating Units.

AgreementStandard form Agreement executed between ERCOT and Market Participants.
Alternative Dispute ResolutionProcedures, outlined in Section 20 of these Protocols, for settling disputes by means other than litigation.
Ancillary Service ObligationsSee Obligations
Ancillary Service SupplySee Supply
Ancillary ServicesThose services, described in Section 6, necessary to support the transmission of energy from Resources to Loads while maintaining reliable operation of transmission provider's transmission systems in accordance with Good Utility Practice.
Ancillary Services PlanERCOT produced plan, as described in Section 6, Ancillary Services, that identifies the types and amount of Ancillary Services necessary for each hour of the next day, or next two (2) days, to operate the ERCOT Transmission Grid reliably in accordance with Operating Guides, and which includes the allocation of types and amounts of the Ancillary Services Obligations for each QSE.
Annual Transmission Planning ReportA report prepared at least annually by ERCOT, as required by the PUCT rules, regarding the status of the ERCOT System including identification of ERCOT System existing and potential Congestion, which includes identification of current and recommended construction of Transmission Facilities.
Authorized Representative

The person(s) designated by an Entity during the registration process in Section 16, Registration and Qualification of Market Participants, who is responsible for authorizing all registration information required by ERCOT Protocols and ERCOT business processes, including any changes in the future, and will be the contact person(s) between the registered Entity and ERCOT for all business matters requiring authorization by ERCOT.

Automatic Voltage RegulatorA device used on Generation Resources to automatically maintain a voltage set point.
Availability PlanAn hourly representation of availability of RMR, Synchronous Condenser and/or Black Start Resources submitted to ERCOT by Entities with RMR, Synchronous Condenser and/or Black Start Resources by 0600 in the Day Ahead Period.
Average Daily UsageThe ratio of the total consumption divided by the number of days the consumption covered. (ADU = Monthly kWh/# of days).

B

Term/AcronymDefinition
BLTBlock Load Transfer
Balanced ScheduleAn Energy and Ancillary Service schedule submitted to ERCOT by a Qualified Scheduling Entity that consists of projected interval Obligations and projected interval Supply, and that includes Qualified Scheduling Entity Obligations for Transmission and Distribution Losses. A Balanced Schedule must have aggregate Supply equal to aggregate Obligations, by Settlement Interval.
Balancing EnergyBalancing Energy represents the change in zonal energy output or demand determined by ERCOT to be needed to ensure secure operation of ERCOT Transmission Grid, and supplied by the ERCOT through deployment of bid Resources to meet Load variations not covered by Regulation Service.
BankruptThe condition of an Entity when such Entity (i) files a petition or otherwise commences a proceeding under any bankruptcy, insolvency, reorganization or similar law, or has any such petition filed or commenced against it, (ii) makes an assignment or any general arrangement for the benefit of creditors, (iii) has a liquidator, administrator, receiver, trustee, conservator or similar official appointed with respect to it or any substantial portion of its property or assets, or (iv) is generally unable to pay its debts as they fall due.
BES-Capable Off-line Non-Spinning Reserve Service (Off-line BESCNSRS)

A service that is provided through utilization of generation capacity capable of being synchronized and ramped to a specific output level within fifteen (15) minutes that is also capable of providing Balancing Energy Service or Load that is capable of providing Balancing Energy Service, and that is not participating in any other activity, including ERCOT markets, self-generation and other energy transactions. Resources will be allowed to provide this service as determined by ERCOT. Any Resource desiring to provide this service must be approved by ERCOT before such service can be offered.

BES-Capable On-line Non-Spinning Reserve Service (On-line BESCNSRS)

A service that is provided through utilization of On-line generation capacity capable of being ramped to a specific output level within fifteen (15) minutes that is also capable of providing Balancing Energy Service. Resources will be allowed to provide this service as determined by ERCOT. Any Resource desiring to provide this service must be approved by ERCOT before such service can be offered.

Bid StackBids received for Ancillary Services organized from lowest price to highest price bid for the same service and time interval.
Black Start ResourceA single Resource capable of providing Black Start Service.
Black Start Service

A contracted Ancillary Service acquired by ERCOT for the benefit of all Loads, provided by Resource capable of starting without support of the ERCOT Transmission Grid.

Block Load TransferA transfer scheme which isolates a group of loads from the Control Area in which they normally are served and subsequently interconnects them with an adjacent Control Area. Such transfer schemes involve either transferring loads normally in ERCOT to a Non-ERCOT Control Area or transferring loads normally in Non-ERCOT Control Areas to the ERCOT Control Area. Block Load Transfers specifically exclude transfers of load between ERCOT and Non-ERCOT Control Areas that occur behind a retail settlement meter.
Boundary Geration Resources

Those Resources, identified prior to ERCOT’s annual TCR auction, on a unit-specific basis, that are related to a combination of CSC and CRE, and whose impacts on the CRE are opposite to those on the related CSC.

Business DayMonday through Friday, excluding observed holidays listed below:
  1. New Year's Day
  2. Good Friday
  3. Memorial Day
  4. Independence Day
  5. Labor Day
  6. Thanksgiving Thursday and Friday
  7. Two (2) days at Christmas, as designated by the ERCOT CEO
Bank Business Day
Any day during which the United States Federal Reserve Bank of New York is open for normal business activity.

Retail Business Day
Same as above except in the case of retail transactions processed by a TDSP, CRs shall substitute TDSP holidays for ERCOT holidays when determining the time available to the TDSP to process the transaction. For additional, important information related to Retail Business Days, please refer to the Retail Market Guide.
Business Hours8:00 A.M. to 5:00 P.M. Central Prevailing Time on Business Days.

C

Term/AcronymDefinition
CRCompetitive Retailer
CREClosely Related Elements
CSAContinuous Service Agreement
CSCCommercially Significant Constraint
Current Operating PlanSee Ancillary Services Plan
Customer PremiseSee Premise.
Capital Asset

An asset expected to have a useful life of at least twelve (12) months that is not bought or sold in the normal course of business.

Capital Expenditure

An outlay of money to acquire a Capital Asset or extend the useful life of an existing Capital Asset for at least twelve (12) months.

Central Prevailing TimeEither Central Standard Time or Central daylight time as established by national time standards.
Certificate of ComplianceA certificate issued by ERCOT stating that the Metering Facilities referred to in the certificate satisfy the certification criteria for Metering Facilities contained in these Protocols.
Check MeterA redundant revenue quality meter, which produces equal or better accuracy than the primary revenue quality meter, connected at the same metering point, which must be certified in accordance with the ERCOT Protocols.
Closely Related Elements (CREs)

Those transmission facilities that have shift factor impacts similar to those associated with a particular Commercially Significant Constraint (CSC), and for which there exists a limited amount of Boundary Generation Resources between it and the particular CSC, so that the zonal deployment of Balancing Energy Service is effective in mitigating Zonal Congestion.

Comision Federal de Electricidad (CFE)

The state-owned federal commission of electricity of Mexico. The government agency in Mexico charged with the responsibility of operating the Mexican national electricity grid (outside Mexico City).

Commercial ModelTransmission model developed by ERCOT that arranges groups of Generation Resource and Load busses into Congestion Zones that have similar impacts on Commercially Significant Constraints.
Commercially Significant Constraint (CSC)A constraint in the ERCOT Transmission Grid that is found, through the process described in Section 7, to result in Congestion which limits the free flow of energy within the ERCOT market to a commercially significant degree.
Commercially Significant Constraint (CSC) LimitThe maximum power flow across a CSC allowed to maintain reliable operation.
Competitive Retailer (CR)Municipally Owned Utility or an Electric Cooperative that offers Customer Choice and sells electric energy at retail in the restructured electric power market in Texas; or a Retail Electric Provider (REP) as defined in 25.5 of the PUCT Substantive rules.
Compliance PremiumA Compliance Premium is awarded by the program administrator in conjunction with a Renewable Energy Credit (REC) that is generated by a renewable energy source that is not powered by wind and meets the criteria of subsection (m) of P.U.C. SUBST. R. 25.173, Goal for Renewable Energy. For the purpose of the renewable energy portfolio standard requirements, one Compliance Premium is equal to one REC.
CongestionThe situation that exists when requests for power transfers across a Transmission Facility element or set of elements, when netted, exceed the transfer capability of such elements.
Congestion ZoneA grouping of busses that create a similar Shift Factor on CSCs.
Continuous Service Agreement (CSA)An arrangement between the owner or controller of a leased Premise and a CR wherein the CR provides service to the leased Premise between tenants so that the Premise does not experience discontinuation of electric service during vacancy.
Control AreaAn electrical system, bound by interconnect (tie line) metering and telemetry, which continuously regulates, through automatic generation control, its generation and interchange schedules to match its system Load, regulates frequency, and meets all applicable Control Area requirements.
Control Area OperatorAn individual or set of individuals responsible for monitoring and control operation of the Control Area.
CR of RecordSee Competitive Retailer
Current System ConditionsThe Real-Time status of the ERCOT System, which may affect ERCOT's operational decisions.
CustomerAn Entity that purchases electricity for its own consumption.
Customer ChoiceThe freedom of a retail Customer to purchase electric services, either individually or on an aggregated basis with other retail Customers, from the provider or providers of the Customer's choice and to choose among various fuel types, energy efficiency programs, and renewable power suppliers.
Customer Choice PilotA project used to allow the PUCT to evaluate the implementation of Customer Choice as provided in PURA 39.104.
Customer Registration DatabaseThe database maintained by the Registration Agent containing information identifying each Premise, including current and previous Competitive Retailers serving the Premise.

D

Term/AcronymDefinition
DADay Ahead
DASData Aggregation System
DCDirect current
DLFDistribution Loss Factor
DRGDistributed Renewable Generation
DSGDynamically Scheduled Generation
DSLDynamically Scheduled Load
DUNS #DUNS Number
Data AggregationThe process of netting, grouping and summing Load consumption data, applying appropriate profiles, Transmission Loss Factors, and Distribution Loss Factors and calculating and allocating UFE to determine each QSE and/or Load Serving Entities responsibility by Settlement Interval by Congestion Zone and by other prescribed aggregation determinants.
Data Aggregation SystemThe database and communication system that will collect meter data from TDSPs and directly polled meters in ERCOT. The system will perform aggregation functions to the Load data in order to satisfy certain objectives such as providing TDSPs with Load share data to use in billing Competitive Retailers, assigning QSE Load responsibility, and assisting Competitive Retailers and QSEs in their settlement responsibilities. The data will also be compiled along Congestion and weather zones.
Data ArchiveAn integrated normalized data structure of all the target source systems' transactions. The population of the data archive will be an extraction of data from the transaction systems without transforming the data. The Data Archive will be used to populate the Data Warehouse.
Data WarehouseDe-normalized data stored in a schema, physically optimized to handle high volumes of data and concurrent user access, and is generally lightly indexed.
Day AheadThe twenty-four (24) hour period prior to the beginning of the Operating Day.
Delivery PlanA plan by ERCOT containing the hours and levels of operation that an RMR Unit, including Synchronous Condenser Unit, is instructed to operate.
DemandInstantaneous or integrated power consumption
Direct Current Tie, DC TieAny non-synchronous transmission interconnections between ERCOT and non-ERCOT electric power systems.
Direct Load ControlControlling select end-use equipment (e.g. A/C, water heaters) for purposes of reducing energy consumption during select periods.
DispatchThe act of issuing Dispatch Instructions.
Dispatch Instruction(s)Specific command(s) issued by ERCOT to QSEs or TDSPs during the course of operating the ERCOT System.
Distribution Loss FactorThe ratio of the Distribution Service Provider's estimated Distribution Losses to the total amount of energy deemed consumed (IDR plus profiled consumption) on the Distribution Service Provider's system.
Distribution LossesThe difference between the energy delivered to the Distribution System and the energy consumed by Loads connected to the Distribution System.
Distribution Service ProviderAn Entity that owns and maintains a Distribution System for the delivery of energy from the ERCOT Transmission Grid to the Customer.
Distribution SystemThat portion of an electric delivery system operating at under 60 kilovolts (kV) that provides electric service to Customers or Wholesale Customers.
DUNS NumberA unique nine-digit common company identifier used in electronic commerce transactions.
Dynamic ScheduleA Real Time telemetered signal to ERCOT derived from an actual metered Load that represents an energy Obligation and Resource in a QSE schedule, as further described in Section 4, Scheduling.

E

Term/AcronymDefinition
EDIElectronic Data Interchange
EEAEnergy Emergency Alert
EILSEmergency Interruptible Load Service
EMSEnergy Management System
EPSERCOT Polled Settlement Meter
ERCOT

Electric Reliability Council of Texas

EROElectric Reliability Organization
ESI IDElectric Service Identifier
EILS Contract Period

A time frame during which ERCOT may procure EILS in an amount no greater than 1000 MW. Unless otherwise announced by ERCOT at least ninety (90) days prior to the start of an EILS Contract Period, the standing EILS Contract Periods are February through May, June through September, and October through January.

EILS ResourceA Load that is contracted to provide EILS.
EILS Self-Provision

The act by a QSE to meet its Load Ratio Share (LRS) of the total EILS procurement by designating Load to act as an EILS Resource. The EILS Resource self-providing EILS bids its Load at a price of zero (0) dollars.

Electric Cooperative
  1. A corporation organized under Chapter 161, Texas Utilities Code, or a predecessor statute to Chapter 161 and operating under that chapter;
  2. A corporation organized as an electric cooperative in a state other than Texas that has obtained a certificate of authority to conduct affairs in the State of Texas; or
  3. A successor to an electronic cooperative created before June 1, 1999, in accordance with a conversion plan approved by a vote of the members of the electric cooperative, regardless of whether the successor later purchases, acquires, merges with, or consolidates with other electric cooperatives.
Electric Reliability Council of Texas, Inc. (ERCOT)A Texas nonprofit corporation that has been certified by the PUCT as the Independent Organization, as defined in �39.151 of PURA, for the ERCOT Region.
Electric Reliability Organization (ERO)

The organization approved by the FERC to perform the electric reliability organization functions described in the Electricity Modernization Act of 2005 (16 U.S.C. �824 et seq.).

Electric Service Identifier (ESI ID)The basic identifier assigned to each Service Delivery Point used in the registration and settlement systems managed by ERCOT or another Independent Organization.
Eligible Transmission Service CustomerA Transmission and/or Distribution Service Provider (for all uses of its Transmission System) or any electric utility, municipally owned utility, Electric Cooperative, Power Generation Company, Competitive Retailer, Retail Electric Provider, federal power marketing agency, exempt wholesale generator, qualifying facility, power marketer, or other person whom the Public Utility Commission of Texas has determined to be an Eligible Transmission Service Customer.
Emergency ConditionThat operating condition where the safety or reliability of the ERCOT System is compromised or threatened, as determined by ERCOT.
Emergency Interruptible Load Service (EILS)

A special emergency service used during an EEA Level 2B to reduce Load and assist in maintaining or restoring ERCOT System frequency.

Emergency NoticeThe fourth of four possible levels of communication issued by ERCOT in anticipation of a possible Emergency Condition detailed in Section 5.6.
Emergency Short SupplyThe condition wherein ERCOT experiences an insufficient amount of bids in any Ancillary Services market, as described in Section 6.
Energy Emergency Alert (EEA)

An orderly, predetermined procedure for maximizing use of available Resources and, only if necessary, curtailing Demand during electric system emergencies while providing for the maximum possible continuity of service and maintaining the integrity of the ERCOT System.

Energy ObligationsSee Obligations
Energy Ratio Share

A QSE’s ratio of Adjusted Metered Load plus Settlement Meter energy output from Uncontrollable Renewable Resources electing to utilize Renewable Production Potential for URC and OOME to total ERCOT Adjusted Metered Load plus Settlement Meter energy output from Uncontrollable Renewable Resources electing to utilize Renewable Production Potential for URC and OOME related to the appropriate interval.

Energy SupplySee Supply
Engineering StudiesStudies performed by ERCOT for the purpose of studying, evaluating, or planning of the ERCOT System.
EntityAny natural person, partnership, municipal corporation, cooperative corporation, association, governmental subdivision, or public or private organization.
ERCOT BoardThe Board of Directors of the Electric Reliability Council of Texas.
ERCOT CEOERCOT Chief Executive Officer
ERCOT MemberAny member of ERCOT that is a member in good standing in accordance with the ERCOT Bylaws.
ERCOT Metered EntityAny one of the following entities that meets the requirements of Section 10.2.3, ERCOT Polled Settlement Meters:
  1. Any Generation connected directly to the transmission system;
  2. Any Generation equal to or over 10MW;
  3. Any Generation participating in any ancillary service market;
  4. Non-opt-in Cooperatives and Municipality points of delivery over 10MW; or
  5. Direct-Current ties (or interchanges with other control areas outside of ERCOT).
Additionally ERCOT will directly poll any generator or non-opt-in utility metering point at the request of the entity if the entity meets all requirements and certifications associated with EPS metering.
ERCOT Polled Settlement (EPS) MeterAny meter polled by ERCOT as defined in Section 10 for use in the financial settlement of the Market.
ERCOT RegionThe geographic area under the jurisdiction of the PUCT that is served by TDSPs that are not synchronously interconnected with electric utilities outside the state of Texas.
ERCOT Service Fee ScheduleSchedule of fees charged by ERCOT for various services provided to designated Entities, in accordance with these Protocols and/or as approved by the ERCOT Board, and as posted on the MIS.
ERCOT SystemThe interconnected combination of generation, transmission, and distribution components in the ERCOT Region.
ERCOT System LoadThe sum of all HVDC interconnections and Generation Resources metered at the point of its interconnection with the ERCOT System at any given point in time.
ERCOT Transmission GridAll of those Transmission Facilities which are within the ERCOT Region.

F

Term/AcronymDefinition
FERCFederal Energy Regulatory Commission
FTPFTP File Transfer Protocol
FacilitiesEquipment situated for the purpose of conducting service and/or business through use of the ERCOT System.
Final Day-Ahead ScheduleThose schedules ERCOT deems valid following the close of the Day Ahead period.
Final StatementSee Settlement Statement
Financing PersonsThe lenders, security holders, investors, partners, multilateral institutions, and others providing financing or refinancing for the business of Entity, including development, construction, ownership, operation and/or maintenance of a Facility or any portion thereof, or any trustee or agent acting on behalf of any of the foregoing.
Force Majeur EventAny event beyond the reasonable control of, and that occurs without the fault or negligence of, the Entity whose performance is prevented by the occurrence of such event. Examples of such a Force Majeure Event include, but are not limited, to: an act of God, labor disturbance, act of the public enemy, war, insurrection, riot, fire, storm or flood, explosion, breakage or accident to machinery or equipment, or a curtailment, order, regulation or restriction imposed by governmental, military, or lawfully established civilian authorities.
Forced DerateFor a Generation Resource, a failure that requires immediate removal (either through controlled or un-controlled actions) of a portion of the capacity of the Resource from service through automated or manual means. The portion of the Resource removed from service must exceed two-percent (2%) of its prior High Sustainable Limit (HSL) for Generation Resources larger than 500 MW and ten-percent (10%) of its prior HSL for Generation Resources smaller than 500 MW. For Qualified Scheduling Entities (QSEs) representing Wind-powered Generation Resources (WGRs), the loss of a portion of the capacity shall be due to the unavailability of a portion of the equipment and shall not include capacity changes due to changes in the weather. For QSEs representing WGRs, the percentage calculation will be determined using the generating unit’s maximum net power.
Frequency Bias of PortfolioA positive (+) value, in megawatts per 0.1Hz, to represent response of a QSE's Resources to a deviation in frequency from scheduled frequency.
Fuel IndexAn electronically-published index that reflects the price of fuel as determined by a fuel industry organization using available market information.
Fuel Oil Price (FOP)

The Market Participant may use either of the following two fuel oil index prices:

(1) Gulf Coast No. 2

The sum of five cents plus the average of the Platts Oilgram Price Report for U.S. Gulf Coast, pipeline No. 2 oil, converted to dollars per million British thermal units ($/MMBtu). The conversion is 0.1385 MMBtu per gallon. The Platts Oilgram Price Report indicates which Operating Days the prices are effective. For Saturdays, Sundays, holidays, and other days for which Platts Oilgram Price Report does not publish an effective price, the effective price shall be the effective price for the Operating Day following the holiday or day without a published price. In the event, at the time of settlement or calculation of generic costs, that the effective price for a particular Operating Day is not available, the effective price for the most recent preceding Operating Day shall be used.

(2) Ultra Low Sulfur (ULS) Diesel #2

The sum of five cents plus the average of the Platts Oilgram Price Report for ULS Diesel #2, converted to dollars per million British thermal units ($/MMBtu). The conversion is 0.1385 MMBtu per gallon. The Platts Oilgram Price Report indicates which Operating Days the prices are effective. For Saturdays, Sundays, holidays, and other days for which Platts Oilgram Price Report does not publish an effective price, the effective price shall be the effective price for the Operating Day following the holiday or day without a published price. In the event, at the time of settlement or caluculation of generic costs, that the effective price for a particular Operating Day is not available, the effective price for the most recent preceding Operating Day shall be used.

G

Term/AcronymDefinition
GSUGenerator Step Up
Generation EntityOwner or controller of a Generation Resource used for generating electricity and electrically connected to the ERCOT System.
Generation ResourcesFacilities that produce energy and that are owned or operated by a Generation Entity.
Good Utility PracticeAny of the practices, methods, and acts engaged in or approved by a significant portion of the electric industry during the relevant time period, or any of the practices, methods, and acts that, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability, safety, and expedition. Good utility practice is not intended to be limited to the optimum practice, method, or act, to the exclusion of all others, but rather is intended to include acceptable practices, methods, and acts generally accepted in the region.
Governmental AuthorityAny Federal, state, local or municipal body having jurisdiction over a Market Participant or ERCOT; provided, however, a Governmental Authority who is also a Market Participant shall not exercise its jurisdiction in any matter that involves the interests of that Market Participant where that matter also involves the interests or responsibilities of any other Market Participant or ERCOT, unless the matter is one in which the Market Participant has exclusive jurisdiction.
GovernorThe electronic, digital, or mechanical device that implements Primary Frequency Response of a Generation Resource.
Gross GenerationThe generated output power at the terminals of the generator.

H

Term/AcronymDefinition
HSLHigh Sustainable Limit
HVDCHigh Voltage Direct Current
High Operating Limit (HOL)The maximum net dependable capability of a Resource that may be delivered for a period of up to one hour.
High Sustainable Limit (HSL)

The maximum net capability of a Resource that may be delivered for an indefinite period.

I

Term/AcronymDefinition
IDRInterval Data Recorder
IOUInvestor Owned Utilities
IPPIndependent Power Producers
IDR Data Threshold

The percentage of IDR data by MRE that must be available before ERCOT will calculate a True-Up Settlement as set forth in Protocols Section 9.2.6, True-Up Statement.

IDR Mandatory Installation Threshold

The kW (kVA) level at which the installation of interval data recorders are required for settlement purposes as set forth in Protocols Section 18.6.1, Interval Data Recorder Installation and Use in Settlement.

IDR Optional Removal Threshold

The kW (kVA) level at which an interval data recorder may be removed as set forth in Section 18.6.7, IDR Optional Removal Threshold.

Inadvertent Energy AccountAn account maintained by ERCOT to track any differences between deemed meter readings at the DC Ties, based on schedules, and the actual metered values at the DC Tie meters.
Initial SettlementSee Settlement Statement
Inter-QSE TradeAny Energy and Ancillary Services scheduled to or from other QSEs or ERCOT.
Interconnection AgreementAn agreement that sets forth requirements for physical connection between an Eligible Transmission Service Customer and Transmission and/or Distribution Service Providers.
Interval Data Recorder (IDR)Metering Device that is capable of recording Load usage in each Settlement Interval in accordance with Section 9, Settlement and Section 10, Metering
InvoiceSettlement Invoice
A notice for payment or credit due rendered by ERCOT based on data contained in Initial, Final, True-Up or any Resettlement Statements.

TCR Invoice
An invoice issued to a successful bidder based on a final round of a TCR auction.
Invoice RecipientMarket Participants that receive an Invoice from ERCOT.

J

Term/AcronymDefinition

K

Term/AcronymDefinition
KWHKilowatt Hour

L

Term/AcronymDefinition
LSELoad Serving Entity
Late PaymentPayments due to ERCOT by Invoice Recipients that are not received by the due date and time.
LoadThe amount of electric power delivered at any specified point or points on a system.
Load ProfileA representation of the energy usage of a group of Customers, showing the demand variation on an hourly or sub-hourly basis.
Load Profile TypeA classification of a group of Customers having similar energy usage patterns and that are assigned the same Load Profile.
Load ProfilingThe set of processes used for the development and creation of Load Profiles.
Load Profiling MethodologyThe fundamental basis on which Load Profiles are created. The implementation of a Load Profiling Methodology may require statistical sampling, engineering methods, econometric modeling, or other approaches.
Load Ratio ShareA QSE's ratio of Adjusted Metered Load to total ERCOT Adjusted Metered Load related to the appropriate interval.
Load Serving EntityAn Entity that provides electric service to Customers and Wholesale Customers. Load Serving Entities include Retail Electric Providers, Competitive Retailers, and Non-Opt In Entities that serve Load.
Local CongestionAny Congestion that cannot be resolved by deployment of Balancing Energy Service by Congestion Zone. Local Congestion will include those actions, and related costs, associated with mitigating overloads on CSCs or CREs beyond that which can be accomplished by the zonal deployment of BES.
Location CodeThe code representing the physical location of a Premise.
Low Operating Limit (LOL)The minimum net capability of a Resource that may be delivered for a period of up to one hour.
Low Sustainable Limit (LSL)

The minimum net capability of a Resource that may be delivered for an indefinite period.

M

Term/AcronymDefinition
MCPMarket Clearing Price
MCPCMarket Clearing Price for Capacity
MCPEMarket Clearing Price for Energy
MDASMeter Data Acquisition System
MOUMunicipally Owned Utility
MPMarket Participant
MVARMegavolt Ampere Reactive
Maintenance OutageSee Outage
Market Clearing Price for CapacityThe highest price associated with a Congestion Zone for a Settlement Interval for Ancillary Service capacity awarded in each Ancillary Services capacity procurement run by ERCOT. There will be a separate Market Clearing Price for Capacity for each Ancillary Services capacity market.
Market Clearing Price for EnergyThe highest price associated with a Congestion Zone for a Settlement Interval for Balancing Energy deployed during the Settlement Interval.
Market Implementation PlanPlan developed by ERCOT that addresses training, testing, qualification, and registration of Market Participants for participation in the Customer Choice Pilot, as well as the conversion to single Control Area operations.
Market Information System (MIS)An electronic communications interface established and maintained by ERCOT that provides a communications link to Market Participants, including secure access by and communications to individual Market Participants regarding information linked to each individual Market Participant.
Market ParticipantAn Entity that engages in any activity that is in whole or in part the subject of these Protocols, regardless of whether such Entity has executed an Agreement with ERCOT.
Market SegmentThe Segments defined in Article 2 of the ERCOT Bylaws. The segments are:
  1. Independent REPs,
  2. Independent Generators,
  3. Independent Power Marketers,
  4. Investor Owned Utilities,
  5. Municipals,
  6. Cooperatives, and
  7. Consumers.
Mass DropThe immediate cessation of service by a CR to all ESI IDs served by the CR.
Mass Transition

The transition of Electric Service Identifiers from one Competitive Retailer to a POLR or designated CR, or from one Transmission and/or Distribution Service Provider to another TDSP, in quantity, or within a timeframe, identified by Applicable Legal Authority.

Merit OrderThe ranking of Resources as a direct function of the monetary bid from those resources.
Messaging SystemThe ERCOT-to-QSE communications system used to send Real-Time notices and Dispatch Instructions to the QSEs.
Meter Data Acquisition SystemThe system to obtain revenue quality meter data from ERCOT Polled Settlement meters and Settlement Quality Meter Data from the TDSP for settlement and to populate the Meter Data Aggregation System and ERCOT Data Archive.
Meter Data Exchange FormatThe format for submitting meter data to, or receiving data from, ERCOT Settlement Agent.
Meter Data Request FormatThe format for requesting Settlement Quality Meter Data from the ERCOT Settlement Agent.
Meter Reading Entity (MRE)An Entity that is responsible for providing ERCOT with ESI ID level consumption data as defined in Texas SET and Protocols Section 19. This Entity must be a TDSP that is registered with ERCOT as prescribed in Protocols Section 10. In the case of an ERCOT Polled Settlement (EPS) Meter or ERCOT populated ESI ID data (such as generation site load), ERCOT will be identified as the MRE in ERCOT systems.
Metering FacilitiesRevenue Quality Meters, instrument transformers, secondary circuitry, secondary devices, meter data servers, related communication Facilities and other related local equipment intended to supply ERCOT settlement quality data.
Mismatched Schedule Processing FeeThe fee charged to a QSE that fails to correct a mismatched schedule in a timely manner.
Mothballed Generation ResourceA Generation Resource for which a Generation Entity has submitted a Notification of Suspension of Operations, for which ERCOT has declined to execute an RMR Agreement, and for which the Generation Entity has not announced retirement of the Generation Resource.
Move-In RequestA request submitted by a CR on behalf of a Customer to initiate service at a Premise with the requesting CR.
Move-Out RequestA request submitted by a CR on behalf of a Customer to terminate service at a Premise with the requesting CR.
Municipally Owned UtilityA utility owned, operated, and controlled by a municipality or by a nonprofit corporation, the directors of which are appointed by one or more municipalities.
Must-Run Alternative (MRA) AgreementThe contractual arrangement between ERCOT and a MRA Resource.
Must-Run Alternative (MRA) ResourceA Resource that was selected through the planning process pursuant to Section 6.5.9.2, Exit Strategy from an RMR Agreement to provide steady-state or dynamic voltage support, stability or management of localized transmission constraints under first contingency criteria, as described in the Operating Guides, at a lower cost than an RMR Agreement.

N

Term/AcronymDefinition
NERCNorth American Electric Reliability Corporation
NOIENon Opt-In Entity
NSRSNon-Spinning Reserve Service
Net Dependable CapabilityMaximum sustainable capability of a Generation Resource as demonstrated by performance testing.
Net GenerationGross generation minus station auxiliaries or other internal unit power requirements metered at or adjusted to the point of interconnection at the Common Switchyard.
New Renewable FacilitiesRenewable energy generators placed in service on or after September 1, 1999. A New Facility includes the incremental capacity and associated energy from an existing Renewable Facility through repowering activities undertaken on or after September 1, 1999.
Non-Metered LoadLoad that is not required to be metered by applicable distribution or transmission tariff.
Non-Opt In Entity (NOIE)An Electric Cooperative or Municipally Owned Utility that does not offer Customer Choice.
Non-Spinning Reserve Service (NSRS)A service that is comprised of 30-Minute Non-Spinning Reserve Service (30MNSRS) and BES-Capable Non-Spinning Reserve Service (BESCNSRS).

    30-Minute Non-Spinning Reserve Service (30MNSRS)
    A service that is provided through utilization of the portion of Off-line generation capacity capable of being synchronized and ramped to a specified output level within thirty (30) minutes (or Load that is capable of being interrupted within thirty (30) minutes) and that is capable of running (or being interrupted) at a specified output level for at least one (1) hour. 30MNSRS is not capable of participating in the Balancing Energy Services market because it does not meet all of the qualifications of providing Balancing Energy Service Up within fifteen (15) minutes.
North American Electric Reliability CorporationThe national organization that is responsible for establishing standards and policies for reliable electric system operations and planning, or its successor.
Notice or NotificationSending of information by an Entity to Market Participants, ERCOT, or others, as called for in these Protocols. Notice or notification may be sent by electronic mail, facsimile transmission, or U.S. mail.
NOx Emissions Allowance Index Price (NOxEAIP)

The average of the bid/ask price for Nitrogen Oxide (NOx) emissions allowances in dollars per allowance, published for each Operating Day. The NOxEAIP will be obtained by ERCOT and will be based on daily index prices selected by ERCOT that are generally accepted in the industry and regularly published. ERCOT will disclose to Market Participants the source of its selected NOxEAIP, along with descriptions of the nature and derivation of the index as available from the publisher of the index. In the event that an ERCOT-selected index becomes unavailable or unsuitable for the intended purpose, ERCOT will select a substitute index source. ERCOT will notify Market Participants of any change in the index, along with a description of the nature and derivation of the substitute index and a summary of the reasons for the change, at least thirty (30) days prior to the beginning of its use. However, in the event that thirty (30) days’ notice cannot be given for any reason, ERCOT will notify Market Participants as far prior to use as practical.

The NOxEAIP for Saturdays, Sundays, holidays and other days for which there is no index published shall be based on the next published index after the Operating Day. In the event that the index is not published for more than two (2) days, the previous day published index will be used for the next applicable settlement and the next day published index will be used for true-up of the Final Statement.

O

Term/AcronymDefinition
OCNOperating Condition Notice
OOMOut of Merit Order
OOMCOut of Merit Capacity
OOMEOut of Merit Energy
ObligationTotal Obligations scheduled by a QSE that are comprised of energy Obligations and Ancillary Services Obligations where:
  • Energy Obligations =
    Load + losses + energy sales + energy exports; and
  • Ancillary Services Obligations =
    ERCOT allocated Ancillary Services Obligations (which may be self-arranged) + Ancillary Services sales (to ERCOT or to other QSEs)
Off-lineThe status of Resources that are not synchronously interconnected to the ERCOT System.
On-lineResources that are synchronously interconnected to the ERCOT System.
Operating Condition NoticeThe first of four possible levels of communication issued by ERCOT in anticipation of a possible emergency condition detailed in Section 5.6, Emergency and Short Supply Operation.
Operating DayThe actual day, including hours ending 0100 to 2400, during which energy is flowing.
Operating GuidesGuidelines approved by the ERCOT Board describing the reliability standards for ERCOT.
Operating HourThe current clock hour.
Operating PeriodA two-hour period comprised of the Operating Hour and the hour preceding the Operating Hour.
Operating PlanA plan developed by ERCOT to operate the ERCOT System in Real Time.
Operational ConstraintAnticipated or actual security violation or overload of a transmission element, based on actual network topology.
Operational ModelThe transmission model based on actual network topology of the ERCOT System.
Out of Merit CapacityCapacity provided by a Resource selected by ERCOT outside the bidding process to resolve a reliability or security event.
Out of Merit EnergyEnergy provided by a Resource selected by ERCOT outside the bidding process to resolve a reliability or security event.
Out of Merit Order (OOM)The selection of Resources for Ancillary Services that would otherwise not be selected to operate because of their place (or absence) in the bidding process for that service.
OutageRemoval of a Facility, or a portion of a Facility, from service to perform maintenance, construction or repair on the Facility for a specified duration.

Forced Outage
For a Transmission Facility, an Outage initiated by protective relay, or manually in response to an observation by personnel or the System Operator that the condition of equipment could lead to an event, or potential event, that poses a threat to people, equipment, or public safety.

For a Generation Resource, an Outage that requires immediate removal (either through controlled or un-controlled actions) of a Resource from service through automated or manual means. This type of Outage usually results from immediate mechanical/electrical/hydraulic control system trips and operator-initiated actions in response to a Resource’s condition.

Maintenance Outage
Removing Transmission Facility or Resource Facility equipment from service to perform work on specific Facility components that could be postponed briefly. Such work is required to prevent a potential Forced Outage or Forced Derate and cannot be postponed until the next Planned Outage. Such Maintenance Outages are classified as follows:
  1. Level 1 Maintenance Outage – Equipment that must be removed from service within twenty-four (24) hours to prevent a potential Forced Outage or Forced Derate;
  2. Level II Maintenance Outage – Equipment that must be removed from service within seven (7) days to prevent a potential Forced Outage or Forced Derate; and
  3. Level III Maintenance Outage – Equipment that must be removed from service within thirty (30) days to prevent a potential Forced Outage or Forced Derate.
Planned Outage
Any major or minor Transmission Facility or Resource Facility equipment Outage, other than a defined Maintenance Outage, that is planned and scheduled in advance as submitted to ERCOT
.

P

Term/AcronymDefinition
PMPower Marketer
POIPoint of Interconnection
POLRProvider of Last Resort
POSPower Operating System
PRRProtocol Revision Request
PUCTPublic Utility Commission of Texas
PURAPublic Utility Regulatory Act, Title II, Texas Utility Code
PURPAPublic Utility Regulatory Policy Act
PhotoVoltaicOf or pertaining to a material or device in which electricity is generated as a result of exposure to light.
Physical Responsive Capability (PRC)A representation of the total amount of system wide online capability that has a high probability of being able to quickly respond to system disturbances. The PRC shall be calculated by (i) determining each Resource meeting the requirements defined in the Operating Guides, (ii) determining for each Resource the lesser quantity of the latest Net Dependable Capability, the Resource Plan High Operating Limit (HOL), or the telemetered Real Time capability, (iii) multiplying the lesser quantity of each Resource by the Reserve Discount Factor (RDF), (iv) using that result to determine the amount of responsive reserve capability then available on each Resource, and (v) the sum, for all Resources, of the responsive reserve capability as determined for each Resource. The PRC shall be used by ERCOT to determine the appropriate Emergency Notification and Energy Emergency Alert (EEA) levels.
Point of Interconnection (POI)The location(s) where a Generation Entity’s interconnection Facilities connect to the Transmission Facilities as reflected in the Standard Generation Interconnection Agreement (SGIA) between a Generation Entity and a TDSP.
Postage Stamp AllocationThe pro rata allocation of charges (or payments), which spreads to designated, Entities based on a pro rata share (of actual or estimated consumption).
Power Generation CompanyAn Entity registered by the PUCT that: (1) generates electricity that is intended to be sold at wholesale; (2) does not own a transmission or distribution Facility in this state other than an essential interconnecting Facility, a Facility not dedicated to public use, or a Facility otherwise excluded from the PURA definition of “electric utility;” and (3) does not have a certificated service area, although its affiliated electric utility or transmission and distribution utility may have a certificated service area.
Power MarketerAn Entity that:
  1. Becomes an owner or controller of electric energy in this state for the purpose of buying and selling the electric energy at wholesale;
  2. Does not own generation, transmission, or distribution Facilities in this state;
  3. Does not have a certificated service area; and
  4. Has been granted authority by the Federal Energy Regulatory Commission to sell electric energy at market-based rates or has registered as a power marketer.
Pre-assigned Congestion Rights (PCRs)Congestion Rights allocated prior to the annual TCR auctions to MOUs and ECs which own or have a long-term (greater than five years) contractual commitments, entered into prior to September 1, 1999, for annual capacity and energy from a specific remote Generation Resource.
PremiseA Service Delivery Point or combination of Service Delivery Points that are assigned a single Electric Service Identifier (ESI ID) for purposes of settlement and registration.
Price-to-BeatThe bundled rate a Retail Electric Provider that is affiliated with an Entity required to unbundle its electric services, and offer Customer Choice, must charge to residential and small commercial Customers upon initiation of Customer Choice, as further described in Section 39.202 of PURA and PUCT rules.
Primary Frequency ResponseThe instantaneous proportional increase or decrease in real power output provided by a Generation Resource and the natural real power dampening response provided by load in response to system frequency deviations. This response is in the direction that stabilizes frequency.
Primary MeterThe ERCOT approved, revenue-quality meter connected at an ERCOT approved interconnection point.
Prior AgreementAny previous agreement between an Entity, its Affiliate(s) or its predecessor(s) in interest and ERCOT regarding performance under the ERCOT Protocols.
Private Use NetworkAn electric network connected to the ERCOT Transmission Grid that contains load that is not directly metered by ERCOT (i.e., load that is typically netted with internal generation).
Profile TypeSee Load Profile Class
Program AdministratorThe Entity approved by the PUCT that is responsible for carrying out the administrative responsibilities related to the Renewable Energy Credit Programs as set forth in subsection (g) of P.U.C. SUBST. R. 25.173, Goal for Renewable Energy.
Proposal for InstallationA written proposal submitted by an Entity to ERCOT describing a proposal for the installation of additional Metering Facilities.
Proprietary Customer InformationAny information compiled by a Market Participant on a Customer in the normal course of Market Participant's business that makes possible the identification of any individual Customer by matching such information with the Customer's name, address, account number, type of classification service, historical electricity usage, expected patterns of use, types of Facilities used in providing service, individual contract terms and conditions, price, current charges, billing records, or any other information that a Customer has expressly requested not be disclosed. Information that is redacted or organized in such a way as to make it impossible to identify the Customer to whom the information relates does not constitute Proprietary Customer Information.
Protected InformationThat information protected from disclosure as described in Section 1, Overview.
Protocol Implementation PlanPlan developed by ERCOT that identifies any known differences between the ERCOT market operations system, power operations system, and settlement systems and these Protocols, and specifies a plan to conform such systems to these Protocols.
Provider of Last Resort (POLR)The designated Competitive Retailer as defined in the PUCT Substantive Rules for default Customer service, and as further described in Section 15.1, Customer Switch of Competitive Retailer.

Q

Term/AcronymDefinition
QSEQualified Scheduling Entity
QSE OperatorThe person designated by the QSE to communicate with ERCOT on a 24-hour basis.
Qualified Scheduling EntityA Market Participant that is qualified by ERCOT in accordance with Section 16, Qualification of Qualified Scheduling Entities and Registration of Market Participants, to submit Balanced Schedules and Ancillary Services bids and settle payments with ERCOT.
Qualifying FacilityA qualifying cogenerator or qualifying small power producer according to regulatory qualification criteria as defined in PURA.
Quick Start UnitGeneration units that are not On-line, but are capable of producing energy within the next Settlement Interval.

R

Term/AcronymDefinition
RAPRemedial Action Plan
RECRenewable Energy Credit
REPRetail Electric Provider
RGSRegulation Service
RMRReliability Must-Run
RPRSReplacement Reserve Service
RROResponsive Reserve Obligation
RRSResponsive Reserve Service
RTReal Time
RTPPReal Time Production Potential
Reactive PowerThe product of voltage and the out-of-phase component of alternating current. Reactive Power, usually measured in megavolt-amperes reactive, is produced by capacitors, overexcited generators and other capacitive devices and is absorbed by reactors, underexcited generators and other inductive devices.
Reactive Power ProfileSee Voltage Profile
Reactive ReserveThat reactive capability required to meet sudden loss of generation, Load or transmission capacity and maintain voltage within desired limits.
Real TimeThe current instant in time.
Real Time Production PotentialA Real Time signal sent to ERCOT by each Wind-powered Generation Resource (WGR) providing the WGR’s reasonable efforts estimate of the net production available in MW from the WGR given the existing wind conditions at the time and given all available individual wind generation turbines not on Planned or Forced Outage. The RTPP shall not be the actual meter reading of the WGR; it is an estimate using the same process when the WGR is curtailed as when it is not curtailed. The RTPP is a calculated value based on Real Time data averaged for not more than ten (10) seconds. RTPP is the product of wind speed, the turbine manufacturer’s power curve, turbine availability and loss factors. Other factors may be applied with the approval of ERCOT.
Registered Market ParticipantEntity that is registered with ERCOT to participate in the competitive market administered by ERCOT within the ERCOT Region. Registered Market Participants include those using statewide systems administered by ERCOT and may be non-ERCOT participants.
Registration Processing PeriodMinimum amount of time the ERCOT registration system requires to process transactions. This period begins when ERCOT receives a registration transaction request and continues until the completion of the transaction.
Regulation ServiceA service that is used to control the power output of Generation Resources in response to a change in system frequency so as to maintain the target system frequency within predetermined limits.
Reliability Must Run (RMR) ServiceThe provision of generation capacity and/or energy resources from Reliability Must Run Unit or a Synchronous Condenser Unit.
Reliability Must Run (RMR) UnitA Generation Resource unit operated under the terms of an Agreement with ERCOT that would not otherwise be operated except that they are necessary to provide voltage support, stability or management of localized transmission constraints under first contingency criteria.
Remedial Action PlanPredetermined operator actions to maintain ERCOT Transmission Grid reliability during a defined adverse operating condition.
Renewable Energy Credit (REC)A Renewable Energy Credit (REC) is a tradable instrument that represents all of the renewable attributes associated with one (1) MWh of production from a certified renewable generator.
Renewable Energy Credit (REC) AccountAn account maintained by ERCOT for the purpose of tracking the production, sale, transfer, purchase, and retirement of RECs or Compliance Premiums by a REC Account.
Renewable Energy Credit (REC) Account HolderAn Entity registered with ERCOT to participate in the REC Trading Program.
Renewable Energy Credit (REC) Trading ProgramThe REC Trading Program, as described in Section 14, State of Texas Renewable Energy Credit Trading Program, and P.U.C. SUBST. R. 25.173, Goal for Renewable Energy.
Renewable Portfolio Standard (RPS)The amount of capacity required to meet the requirements of PURA �39.904 pursuant to subsection (h) of P.U.C. SUBST. R. 25.173, Goal for Renewable Energy.
Renewable Production PotentialThe maximum generation in MWh/interval from an Uncontrollable Renewable Resource that could be generated from all available units of such Resource. The Renewable Production Potential depends on the renewable energy that can be generated from the available units (wind or solar radiation) and the energy conversion characteristics of each unit. The Renewable Production Potential will be determined from data submitted in accordance with procedures established by ERCOT.
Replacement Reserve ServiceA service that is procured from Generation Resource units planned to be off-line and Load acting as a Resource that are available for interruption during the period of requirement.
Representative Interval Data RecorderThe technique for profiling premises participating in special pricing programs which consists of implementing a statistically representative Load research sample on the program population. The sample data is then used to develop the representative IDR (RIDR) for profiling these premises.
Reserve Discount Factor (RDF)A representation of the average amount of system wide capability that, for whatever reason, is historically undeliverable during periods of high system demand. The RDF will be verified by ERCOT and then approved by the ROS.
Resettlement StatementSee Settlement Statement
ResourceFacilities or Load capable of providing or reducing the need for electrical energy or providing Ancillary Services to the ERCOT System, as described in Section 6, Ancillary Services. This includes Generation Resources and Loads acting as Resources.
Resource Category Generic Fuel Cost (RCGFC)A standard $/MWh cost for fuel specific to one of eight resource categories (Nuclear, Hydro, Coal and Lignite, Combined Cycle, Simple Cycle, Gas Steam, Diesel and Non-Hydro Renewable).
Resource Category Generic Operational CostA standard $/MWh price for running a unit selected out of merit order to provide balancing energy. The RCGOC is defined by the generation unit category (Base-load, Gas Intermediate, Gas Cyclic, Gas Peaking and Renewable).
Resource Category Generic Startup CostA fixed price for starting a unit that is selected out of merit order to provide balancing energy. The RCGSC is defined by the generation unit category (Base-load, Gas Intermediate, Gas Cyclic, Gas Peaking and Renewable).
Resource EntityA Market Participant that owns or controls a Resource.
Resource IDA unique identifier assigned to each Resource used in the registration and settlements systems managed by ERCOT.
Resource Minimum Down TimeThe minimum time from shutdown of a Resource required until that Resource can be restarted and available to the ERCOT market.
Resource PlanA plan provided by a QSE to ERCOT indicating the forecast state of Generation Resources or individual Loads each acting as a Resource, including information on availability, limits and forecast generation or Load of each Resource.
Responsibility TransferThe controlled and orderly transfer of eligible resources from one QSE to another in accordance with Section 4, Scheduling.
Responsive Reserve ServiceResponsive Reserve consists of the daily operating reserves that are intended to help restore the frequency of the interconnected transmission system within the first few minutes of an event that causes a significant deviation from the standard frequency.
Retail Business DaySee Business Day
Retail Business HourAny hour within a Retail Business Day.
Retail Electric ProviderA person that sells electric energy to retail Customers in this state. As provided in PURA �31.002(17), a Retail Electric Provider may not own or operate generation assets. As provided in PURA �39.353(b), a Retail Electric Provider is not an Aggregator.
Retail EntityMunicipally Owned Utilities (MOUs), generation and transmission cooperatives, and distribution cooperatives that offer customer choice; Retail Electric Providers (REPs); and Investor Owned Utilities (IOUs) that have not unbundled pursuant to PURA �39.051.
Revenue Quality MeterFor ERCOT Metered Entities, a meter that is in compliance with the Protocols and the Operating Guides. For TDSP Metered Entities, a meter that is in compliance with Local Regulatory Authority approved meter standards or the Protocols and the Operating Guides.

S

Term/AcronymDefinition
SCADASupervisory Control And Data Acquisition
SCESchedule Control Error
SETStandard Electronic Transaction
SGIAStandard Generation Interconnection Agreement
SPPSouthwest Power Pool
STWPFShort-Term Wind Power Forecast
Sample DesignThe processes by which ERCOT determines the appropriate requirements for a sample of Customer Premises which requirements will be used to create a Load Profile.
Sample SizeThe number of data points (i.e. Customer Premises) in a particular sample.
SamplingThe process of selecting a subset of a population of Customers that statistically represents the entire population.
Schedule Control ErrorThe difference in the QSE's actual Resource output and its base power schedule plus instructed Ancillary Services.
Scheduling ProcessThe process through which schedules for energy and Ancillary Services are submitted by QSEs to ERCOT as further described in Section 4, Scheduling.
SeasonWinter months are December, January, and February; Spring months are March, April, and May; Summer months are June, July, and August; Fall months are September, October, and November.
SegmentationThe process of dividing a population into a number of sub-sets, according to certain parameters, for the purpose of creating Load Profiles for sub-sets of the population.
Segmentation ParameterThe parameter chosen as the basis for Segmentation.
Self-Arranged Ancillary ServiceResources used for Ancillary Services designated by a QSE for use by ERCOT for meeting the ERCOT allocated portion of the Ancillary Services Obligations of a QSE. These Resources may not be included in the ERCOT Ancillary Services market.
Service Address

The street address associated with an ESI-ID as recorded in the Registration Database. This address shall conform to United States Postal Service Publication 28.

Service Delivery PointThe specific point on the TDSP's system where electricity flows from the TDSP to a Load.
Service Fee ScheduleA listing of ERCOT fees and charges to Market Participants, posted on the Market Information System.
Service FilingA filing by a QSE to ERCOT as part of the QSE's certification process, as defined in Section 16, Qualification of Qualified Scheduling Entities and Registration of Market Participants.
Settlement CalendarAs defined in Section 9.1.2, Settlement Calendar.
Settlement IntervalThe time period for which a Market Service is deployed and financially settled. For example, the currently defined settlement interval for the Balancing Energy Market Service is 15 minutes.
Settlement InvoiceSee Invoice
Settlement MeterGeneration and end-use consumption meters used for allocation of ERCOT charges and wholesale and retail settlements.
Settlement Quality Meter DataData that has been edited, validated, and is appropriate for ERCOT Settlement Agent to use for settlement and billing purposes.
Settlement StatementA statement issued by ERCOT reflecting a breakdown of administrative, miscellaneous, and market charges for the applicable Market Services, as further described in Section 9.2, Settlement Statements.

Initial Statement
The first iteration of a Settlement Statement issued for a particular Operating Day, as further described in Section 9.2.3, Initial Statements.

Final Statement
The statement issued at the end of the fifty-ninth (59th) calendar day following the Operating Day, as described in 9.2.4, Final Statements.

Resettlement Statement
The statement using corrected settlement data, in accordance with Section 9.2.5, Resettlement Statement.

True-Up Statement
The statement issued six (6) months following the Operating Day, as further described in Section 9.2.6, True-Up Statement.
Shadow PriceThe cost of an operation to effect a one (1) MW change in a constraint.
Shift FactorA measure of the flow of a unit injection of the power on the transmission element from a particular bus to a fixed reference bus.
  • Site Specific Shift Factor
    The actual Shift Factor for a particular bus.
  • Zonal Shift Factor
    The average Shift Factor for all busses in a particular zone.
Short-Term Wind Power Forecast (STWPF)An ERCOT produced, hourly, fifty percent (50%) probability of exceedence forecast of the generation in MWh per hour from each WGR that could be generated from all available units of that Resource.
Sign/Direction Terminology Conventions for Reactive Power
  • Generator
    Lagging power factor operating condition is when volt-ampere reactive (VAR) flow is out of the Generation Resource unit (overexcited generator) and into the transmission system and is considered to be positive (+) flow, i.e., in the same direction as megawatt power flow. The generator is producing megavolt-amperes reactive. Leading power factor operating condition means that VAR flow is into the Generation Resource unit (underexcited generator) and out of the transmission system and is considered to be negative (-) flow, i.e., in the opposite direction as megawatt power flow. The generator is absorbing megavolt-amperes reactive.
  • Transmission Line Terminal
    VAR flow out of the bus and into the line is considered to be positive (+) flow. VAR flow into the bus and out of the line is considered to be negative (-) flow.
  • Capacitor
    Produces reactive power (VAR source) for voltage control and causes the system power factor to move towards a leading condition.
  • Reactor
    Absorbs reactive power (VAR sink) for voltage control and causes the system power factor to move towards a lagging condition.
  • Startup Loading FailureAn event that results when a Generation Resource is unable to be at Low Sustainable Limit (LSL) at the time scheduled in the Resource Plan which occurs while the unit is ramping up to its scheduled MW output. A Startup Loading Failure ends when the Resource: (1) achieves its LSL; (2) is scheduled to go Off-line; or (3) enters a Forced Outage.
    SupplyTotal supply scheduled by a QSE that is comprised of Energy Supply and Ancillary Services Supply where:

    • Energy Supply =
      Resources + energy purchases + energy imports; and
    • Ancillary Services Supply =
      Resources + Ancillary Services purchases (including purchases through ERCOT) + Ancillary Services imports
    Switch RequestA request submitted by a CR on behalf of a Customer to switch service from the Customer's current CR to the requesting CR.
    Switchable ResourceA Generation Resource that can be connected to either the ERCOT Transmission Grid or a grid outside the ERCOT Region.
    Synchronous Condenser UnitA unit operated under the terms of an annual Agreement with ERCOT that is only capable of supplying Volt Amperes Reactive (VAR) that would not otherwise be operated except that it is necessary to provide voltage support under first contingency criteria.
    System Benefit FundThe fund established by the PUCT to provide funding for Customer education programs, programs to assist low-income electric Customers; and the property tax replacement mechanism provided by Section 39.601 of PURA.
    System Congestion FundERCOT's accounting fund from which payments for resolving Congestion are disbursed and to which ERCOT credits Congestion-related receipts from QSE's representing Loads.
    System OperatorAn Entity supervising the collective Transmission Facilities of a power region that is charged with coordination of market transactions, system-wide transmission planning, and network reliability.

    T

    Term/AcronymDefinition
    T&D LossesLosses Transmission Losses & Distribution Losses
    TACTechnical Advisory Committee
    TCOSTransmission Cost of Service
    TCRTransmission Congestion Right
    TDSPTransmission and/or Distribution Service Provider
    TEWPFTotal ERCOT Wind Power Forecast
    TLFTransmission Loss Factor
    TMOSTransmission Market Operations Subcommittee
    TOUTime Of Use
    TOUSTime Of Use Schedule
    TRETexas Regional Entity
    TSPTransmission Service Provider
    TTCTotal Transmission Capacity
    TUOSTransmission Use of Service
    TX SETTexas Standard Electronic Transaction
    TCR InterfaceThe CSC for which Transmission Congestion Rights are auctioned and awarded.
    TCR InvoiceSee Invoice
    TDSP Metered EntityAny Entity that meets the requirements of Section 10.2.2, TDSP Metered Entities.
    Technical Advisory CommitteeA subcommittee in the ERCOT governance structure reporting to the Board of Directors as defined by the ERCOT bylaws.
    Texas Regional Entity (TRE)The organization approved by the Electric Reliability Organization and the FERC to perform the regional Entity functions for the ERCOT Region described in the Electricity Modernization Act of 2005 (16 U.S.C. �824 et seq.).
    Texas SETTexas Standard Electronic Transaction procedures, set forth in Section 19, Texas SET, used to transmit information pertaining to the Customer Registration Database. Record and Data Element Definitions are provided in the data dictionary in Protocols Section 19.
    Time of Use MeteringA programmable electronic device capable of measuring and recording electric energy in pre-specified time periods. For Load Profiling purposes Time of Use Metering does not include IDRs.
    Time of Use ScheduleA schedule identifying the Time of Use period associated with each Settlement Interval. These schedules may include on-peak, off-peak, and shoulder periods.
    Total Energy ObligationThe total energy Obligation for a Qualified Scheduling Entity during a Settlement Interval, including the energy from the Balanced Schedule and integrated energy of instructed Ancillary Services.
    Total Transmission CapacityThe maximum power that may be transferred across a transmission corridor while maintaining reliability of the ERCOT System.
    Transaction ClearinghouseA batch, transactional interface intended to provide reliable exchange of high volume, standardized transactions between Market Participants and ERCOT using the Texas SET procedures in Section 19, Texas SET.
    Translation FactorThe monthly ratio of the aggregate Competitive Retailer's four (4) coincident peak demand over the monthly aggregate Competitive Retailer's coincident peak demand, as further described in Section 9.8, Transmission Billing Determinant Calculation.
    Transmission Access ServiceUse of the TDSP's Transmission Facilities for which the TDSP is allowed to charge for the use through tariff rates approved by the PUCT.
    Transmission and/or Distribution Service Provider (TDSP)An Entity that owns or operates for compensation in this state equipment or Facilities to transmit and/or distribute electricity, and whose rates for Transmission Service, distribution service, or both is set by a Governmental Authority.
    Transmission and/or Distribution Service Provider (TDSP)An Entity that owns or operates for compensation in this state, equipment or Facilities to transmit and/or distribute electricity, and whose rates for Transmission Service, distribution service, or both is set by a Governmental Authority or an Entity that was selected to own and operate Transmission Facilities listed in the Public Utility Commission of Texas (PUCT) Order in Docket No. 35665, Commission Staff’s Petition for the Selection of Entities Responsible for Transmission Improvements Necessary to Deliver Renewable Energy from Competitive Renewable Energy Zones, which has a code of conduct approved by the PUCT.
    Transmission Billing DeterminantsKey parameters and formula components required by a TDSP in determining the billing charges for the use of its Transmission Facilities and/or distribution Facilities.
    Transmission Congestion Right (TCR)A financial hedge against the cost of 1 MW flowing across a particular Commercially Significant Constraint, in a single direction, for 1 hour.
    Transmission Congestion Right Account Holder (TCR Account Holder)A Registered Market Participant that is qualified to bid for and own TCRs in ERCOT's annual or monthly auctions, or that has acquired such rights in secondary markets for purposes of participating in ERCOT's financial settlements for Congestion Credits. [A TCR Account Holder is a Registered Market Participant whose record of ownership appears in ERCOT’s databases of auction results or financial settlements for Zonal Congestion Credits].
    Transmission FacilitiesThe following Facilities are deemed to be Transmission Facilities:
    1. Power lines, substation, and associated Facilities, operated at 60 kV or above, including radial lines operated at or above 60 kV.
    2. Substation Facilities on the high side of the transformer, in a substation where power is transformed from a voltage higher than 60 kV to a voltage lower than 60 kV or is transformed from a voltage lower than 60 kV to a voltage higher than 60 kV.
    3. The direct current interconnections with the Southwest Power Pool (SPP), Western System Coordinating Council (WSCC), Comision Federal de Electricidad, or other interconnections.
    Transmission Loss FactorsThe fraction of ERCOT Load (forecast or actual) that is considered to constitute the ERCOT Transmission Grid losses in the Settlement Interval. Transmission Loss Factors are computed by ERCOT and are based on a linear interpolation (extrapolation) of the calculated losses in the off-peak and on-peak seasonal ERCOT base cases.
    Transmission LossesDifference between energy input into the ERCOT Transmission Grid and the energy taken out of the ERCOT Transmission Grid.
    Transmission ServiceCommercial use of Transmission Facilities.
    Transmission Service ProviderAn Entity under the jurisdiction of the PUCT that owns or operates Transmission Facilities used for the transmission of electricity and provides transmission service in the ERCOT Transmission Grid.
    True-Up StatementSee Settlement Statement
    Two-Day AheadThe twenty-four (24) hour period beginning the instant after 2400 forty-eight (48) hours before the Operating Day.

    U

    Term/AcronymDefinition
    UFEUnaccounted For Energy
    URLUnit Reactive Limit
    USTRUninitiated Service Termination Request
    Unaccounted for Energy (UFE)The difference between total metered Load each Settlement Period, adjusted for applicable Distribution Losses and Transmission Losses, and total ERCOT System net generation.
    Uncontrollable Renewable ResourcesGenerators that can only produce an amount of energy directly related to their supply of variable energy from their respective renewable resources, such as wind or solar.
    Uninstructed DeviationA condition occurring whenever the total metered resources of a QSE for a Settlement Interval are different from the total of the scheduled resources plus any Resource deployments instructed by ERCOT.
    Uninstructed FactorA factor used to reduce the total payments made to a Resource for Uninstructed Deviations. The Uninstructed Factor could change by interval, in accordance with Section 6.8.1.14.2, Determining the Uninstructed Factor.
    Unusual EventSpecifics events, as defined in these Protocols Section 4, Scheduling, that allow ERCOT to deploy Balancing Energy Service outside of the normal deployment notification.
    UpliftThe process of allocating costs to QSEs based on Loads and exports within the ERCOT Region.
    Usage ProfileSee Load Profile

    V

    Term/AcronymDefinition
    Va.m.MVector Absolute Megawatt-Mile
    Va.m.OVector Absolute Megawatt Ohm
    VEEValidation, Editing and Estimation of meter data
    VSAVoltage Security Analysis
    VSSVoltage Support Service
    VTVoltage Transformer
    Validation, Editing, Estimation of Meter DataSee Section 11, Metering
    Virtual QSEAn LSE whose QSE has provided notice of its intent to terminate its relationship with the LSE and who then fails to meet ERCOT's creditworthiness requirements to become an Emergency QSE, as set forth in Section 16.2.13.1, Designation as an Emergency QSE or Virtual QSE.
    Voltage ProfileA predetermined distribution of desired nominal voltage set points across the ERCOT System.
    Voltage Support ServiceA service that is required to maintain transmission and distribution voltages on the ERCOT Transmission Grid within acceptable limits.

    W

    Term/AcronymDefinition
    WGRWind-powered Generation Resource
    WGRPPWind-powered Generation Resource Production Potential
    WSCCWestern System Coordinating Council
    WSIDRWeather-Sensitive Interval Data Recorder
    WatchThe third of four possible levels of communication issued by ERCOT in anticipation of a possible emergency condition detailed in Section 5.6, Emergency and Short Supply Operation.
    Weather ZoneA geographic region in which climatological characteristics are similar for all areas within such region.
    Wholesale CustomersNon-Opt-in entities receiving service at wholesale points of delivery from an LSE other than themselves.
    Wind-powered Generation Resource (WGR)A Generation Resource that is powered by wind. Wind turbines may be aggregated together to form a WGR if each turbine is the same model and size and located behind the same Generator Step Up (GSU) transformer.
    Wind-powered Generation Resource Production Potential (WGRPP)The generation in MWh per hour from a WGR that could be generated from all available units of that Resource allocated from the eighty-percent (80%) probability of exceedance of the Total ERCOT Wind Power Forecast.

    X

    Term/AcronymDefinition
    XMLExtensible Markup Language

    Y

    Term/AcronymDefinition

    Z

    Term/AcronymDefinition
    Zonal CongestionCongestion on CSCs or CREs that can be resolved by zonal deployment of Balancing Energy Services and RPRS.
    Zonal Congestion CreditsPayments equal to the directly assigned costs of BES and RPRS that were incurred in managing Zonal Congestion. Zonal Congestion Credits are paid to TCR Account Holders, appearing in ERCOT’s database, as the owner of record for the hour of relevant Settlement Intervals.