A Test System for ERCOT Market Design Studies: Development and Application

Swathi Battula, Leigh Tesfatsion () and Thomas E. McDermott

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: The ERCOT Test System developed in this study is an open-source library of Java/Python software classes, together with a synthetic grid construction method, specifically designed to facilitate the study of ERCOT market operations over successive days. In default form, these classes permit a high-level modeling of existing ERCOT market operations. Users can conduct a broad range of computational experiments under alternative parameter settings. In addition, users can readily extend these classes to model additional existing or envisioned ERCOT market features to suit different research purposes. An 8-bus test case is used to illustrate the capabilities of the test system. Ongoing studies making use of the test system to model larger-scale transmission components for integrated transmission and distribution systems are also reported.

Date: 2019-12-23
New Economics Papers: this item is included in nep-cmp and nep-exp
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