ECCO International is on the forefront of the transition to competitive energy markets in the electric power industry in the US and other countries. We help our clients to design and implement the market rules and pricing approaches for new energy markets. As advisors to market participants and policy makers, we have extensive experience and expertise with all the elements of any market design through development, system implementation, analysis and modeling of:
• Market Rules
- Forward (day-ahead, hour-ahead) markets
- Real-time (imbalance energy market)
- Market Power Mitigation
- Reliability Unit Commitment
- Market separation
- Scheduling and Unit Commitment
- Reliability Must Run Scheduling
- Schedule Coordination
• Congestion Management and Pricing Systems
- Zonal
- Hub (hybrid)
- LMP Theoretical and Practical Considerations
- LMP Aggregations and Trading Hubs
- Full Network Modeling
• Firm Transmission Rights (FTRs, CRRs or TCCs) and Allocation Rules
- Physical
- Financial
- Point-to-Point
- Flowgates
- Obligations
- Options
- Existing Transmission Contracts (ETCs)
- Allocation and various priority schemes
• Ancillary Services
- Sequential with energy
- Simultaneous with energy
- Simultaneous with congestion management
- Requirements
- Procurement and Pricing
- Settlements
• Capacity Markets
- Requirements
- Eligibility
- Procurement and Pricing
- Settlements
- Penalties
• Settlements
- Design Rules
- Design Specifications
- Software Implementation
- Gap Analysis
- Settlements Reconciliation
• Measures for Gaming and Market Power Mitigation |