ERCOT definition

ERCOT means the Electric Reliability Council of Texas.
ERCOT means the Electric Reliability Council of Texas, Inc. or any entity approved to perform the functions of an independent system operator within the power region that includes approximately 80% of the electric transmission within the State of Texas.
ERCOT means the Electric Reliability Council of Texas, the grid operator in most parts of Texas; “PUCT” means the Public Utility Commission of Texas, an agency that regulates the state’s electric industry; “SUP” means the Summary of Usage and Payment; “TDU” is the Transmission and Distribution Utility, an independent company (separate from Payless Power) that owns and maintains the poles and wires that deliver electricity to you.

Examples of ERCOT in a sentence

  • Borrower shall take or cause to be taken all reasonably necessary or appropriate actions so that it is eligible to participate in the ERCOT energy, capacity (to the extent applicable in ERCOT) and ancillary services markets.

  • Borrower shall have no due and unpaid material payment obligations to ERCOT.


More Definitions of ERCOT

ERCOT means Electric Reliability Council of Texas.
ERCOT means the Electric Reliability Council of Texas;
ERCOT means Electric Reliability Council of Texas, Inc.
ERCOT means the Electric Reliability Council of Texas, Inc., a Texas non-profit.
ERCOT means Electric Reliability Council of Texas. “ERM” means enterprise risk management.
ERCOT means the Electricity Reliability Council of Texas as further detailed under the “Renewable Power in the U.S.” section;
ERCOT means the Electric Reliability Council of Texas or its successor, which has been approved by the PUCT as the coordinating authority to request and receive information required to monitor continually the operating conditions of ERCOT and to request changes which will ensure the total ERCOT transmission system’s security and reliability and facilitate the efficient use of the ERCOT transmission system.