Glossary

AS
Ancillary Services
BES
Balancing Energy Service
BESS
Battery Energy Storage System
BESD
Down Balancing Energy Service
BESU
Up Balancing Energy Service
CBI
Commitment-Based Incentive
CRR
Congestion Revenue Rights
DA
Day Ahead
DAM
Day-Ahead Market
ERCOT
Electric Reliability Council of Texas
ERS
Emergency Response Service
FRRS
Fast Responding Regulation Service
IBI
Investment-Based Incentive
IRR
Intermittent Renewable Resource
ITC
Investment Tax Credit
kW
Kilowatt
kWh
Kilowatt hour
LMP
Locational Marginal Price
MACRS
Modified Accelerated Cost Recovery System
MCP
Market Clearing Price
MCPE
Market Clearing Price for Energy
MW
Megawatt
MWh
Megawatt hour
NSRS
Non-Spinning Reserve Services
O&M
Operation & Maintenance
PBI
Performance-Based Incentive
PTC
Production Tax Credit
RPRS
Replacement Reserve Service
RRS
Responsive Reserve Service
RT
Real Time
SCED
Security-Constrained Economic Dispatch
SOC
State of Charge