Congestion Revenue Rights
Congestion Revenue Rights, an eight-hour one-day course, introduces the attendee to terminology used in the auctioning and scheduling of congestion revenue rights (CRRs) in the ERCOT markets.
This course includes:
- A review of constraint competitiveness tests for the annual and monthly auctions.
- A review of the allocation process, purpose and application of pre-assigned congestion revenue rights (PCRRs).
- Description of the ERCOT CRR auction processes and the relevant posting of information on the market information system (MIS).
- Examples of CRR usage from acquisition to settlements covering a broad set of scenarios. These scenarios focus on the most common tasks performed by market participants (MPs) in determining value, purchasing in an auction, scheduling in the market, and settlements of CRRs when congestion is present and when it is not.
Prerequisites: ERCOT Nodal 101
Note: Attendees are required to take the above prerequisite course. The Congestion Revenue Rights (CRRs) course will be taught assuming that the student possesses a thorough understanding of the information covered in the prerequisite courses listed above prior to attending.
Class time is as follows:
8:30 a.m. – 5 p.m.
This course is designed to provide key operations information for all MPs, including personnel from cooperatives and municipalities. The course is intended for all MPs' personnel who plan to participate in the day-ahead market (DAM), and for qualified scheduling entities (QSEs) with load serving entities (LSEs), including traders, real-time dispatchers, controllers, operations engineers, EMS-AGC engineers, engineering technicians, IT support staff, and others.
Access Readiness criteria for more in-depth information on target attendees and class hours.
Prerequisites: ERCOT Nodal 101
Note: Attendees are required to take the above prerequisite course. The Congestion Revenue Rights (CRRs) course will be taught assuming that the student possesses a thorough understanding of the information covered in the prerequisite courses listed above prior to attending.
Class time is as follows:
8:30 a.m. – 5 p.m.
Please check back frequently for updated course schedules.
Congestion Revenue Rights (Activity ID: ERCOT_NT_154_CRR) is recognized by the North American Electric Reliability Corporation as an approved learning activity for which NERC CE hours can be awarded, and that the provider adheres to NERC Continuing Education Program criteria.
NERC Hours are available for this course. If you are a NERC certificate holder, and you meet Nodal Training's completion criteria for this course, you will be awarded 6.5 CE hours in the category of Operating Topics. Upon completion, you will receive notification of CE Hour credit within 30 calendar days.
If continuing education hours for this course are desired for a program other than NERC, the individual attendee may submit the required documentation to the appropriate entity to gain approval for the hours. If additional documentation is needed for the application process, a request for the information may be submitted by emailing NodalTraining@ERCOT.com.
Download Texas Nodal Program training class materials and presentations in PDF format. As new classes are offered, key materials will be posted here.
Course materials for instructor-led courses will be provided in hard copy on the day of the class.
