Load Participation in the ERCOT Nodal Market
Here, Retailer 1 (“R1”) buys 25 MW from Generator 1 (“G1”) and 175 MW from Generator 2 (“G2”) in the day ahead market to meet its estimated load of 200 MW (i.e., 200 MW of generation balanced by 200 MW of load). Retailer 2 (“R2”) buys 45 MW from G1 and 55 MW from G2 in the day ahead market to meet its estimated load of 100 MW. ................
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