Predicting peaks | ERCOT’s 4CP program
Predicting peaks ERCOT’s 4CP program
The vast majority of hours in the Texas energy markets are unremarkable; low commodity prices, stable grid, plenty of generation in reserve and the Emergency Response Scheme (ERS) as a further back-up. But the ERCOT energy landscape is changing.
Prices are increasingly volatile, ERS prices are declining, and Four Coincident Peaks (4CP) rates are set to rise dramatically again. When combined, these factors increase price and risks for C&I businesses operating in the region.
But what do these terms mean? and how can your business best navigate the market to increase resilience and boost profitability?
In this white paper we examine 4CP charges, a particular type of demand charge in the ERCOT market and how to best monetize flexibility for maximum gain/cost reduction.
But what do these terms mean? and how can your business best navigate the market to increase resilience and boost profitability?
In this white paper we examine 4CP charges, a particular type of demand charge in the ERCOT market and how to best monetize flexibility for maximum gain/cost reduction.
Download the Whitepaper to learn more!