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Exploring ERCOT with Brandt Vermillion (ERCOT Market Lead @ Modo Energy)

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Understanding Marginal Megawatt and Power Price Derivation in the ERCOT System

This chapter dives into the concept of marginal megawatt in the context of a gas peaking plant's ability to generate additional power. It highlights how the marginal cost of power is determined at a system level and distributed across various nodes, stressing the significance of proactive issue management.

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