Title :
IT strategy in the Texas energy market
Author :
Janardhan, Vikram ; Fesmire, Bob ; Chapman, Jeffrey
fDate :
1/1/2002 12:00:00 AM
Abstract :
The Texas Electric Choice Act, signed in 1999, cleared the way for the deregulation state´s electricity market. The Electric Reliability Council of Texas (ERCOT) has slated 1 January 2002 for the opening of Texas´ electric power market to full retail competition. The pilot market was opened on 31 July, with wholesale deregulation and retail access allowed for 5% of the total retail market. Presently, there are 30 firms certified as qualified scheduling entities (QSE) to participate in the restructured Texas market. Each of these companies faces a variety of IT requirements for communications, analysis, and operations in order to do business in ERCOT´s territory. This article focuses on identifying these needs and discusses the IT solutions that must be deployed to meet them
Keywords :
SCADA systems; electricity supply industry; energy management systems; load forecasting; power engineering computing; power generation dispatch; power generation economics; EMS; ERCOT; Electric Reliability Council of Texas; IT requirements; IT strategy; SCADA; Texas Electric Choice Act; Texas energy market; communications; electricity market deregulation; full retail competition; price-based economic dispatch; qualified scheduling entities; short-term generation; short-term load forecasting; unit commitment; Artificial neural networks; Chromium; Dynamic scheduling; Economic forecasting; Energy management; ISO; Load forecasting; Medical services; Portfolios; Weather forecasting;
Journal_Title :
Computer Applications in Power, IEEE
