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08/19/2013

ERCOT updates app to allow electricity price monitoring

ERCOT appThe Electric Reliability Council of Texas, which operates the state's biggest power grid, updated its app for Apple and Android devices on Monday, adding wholesale price information to the supply/demand balance previously tracked. The app shows wholesale price settlements updated every 15 minutes for various zones around the state. "Although these are wholesale prices and do not reflect the actual retail prices paid by consumers, the updates offer a simple, easily accessible way for market participants and other interested stakeholders to stay aware of ERCOT market conditions throughout the day," ERCOT says.

“We will continue to update this app to make it more valuable for consumers, market participants and other people with an interest in ERCOT,” said ERCOT Corporate Communications Director Theresa Gage. “The next update, out later this year, will provide information about the fuels being used to generate power,' she said.

-- Jim Fuquay

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