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56 - An intro to ERCOT with Alex Done (Lead data scientist @ Modo Energy)

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The Cost of Congestion Management in a Nodal Market

In a nodal or zonal market, you have different areas that have different prices. So if you're in one region in a different region, you pay a different price for your energy. In Urkart, a different points in the network, at the same time, there are different prices. It bakes in an observable market cost to having generation and demand at a given location. Also respects the transmission connection between those two things.

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