KNOWLEDGE MANAGEMENT

Knowledge Management



Knowledge Management

Introduction

The dependability of electric power distribution system in the state of Texas United States of America is on the performance of Electric Reliability Council of Texas formally known as ERCOT. It is nonprofit based organization whose membership is available for the individuals living in the area of Texas. The organization is responsible for providing electricity to around 23 million individuals which are dwelling their lives in Texas. The electric grid of Texas is not connected with the remaining grids of the United States of America and it is isolated from the national grid. The laws of Public Utility Commission of Texas which is known as PUC are enforced over ERCOT.

Discussion

From the day of its creation in 1970, ERCOT was the follower of the Texas Interconnected System which is also known as TIS. It was established in the starting era of World War II for the power production to give power for the aluminum smelting mills along the coastal belt.

Major issues contributing to the Problem

In the year 1981, ERCOT came in to front as a central operating company for providing electricity to Texas. After that, in 1996, ERCOT listed as the original electric utility industry Independent System Operator also called as ISO in the United States of America.

In the year 2006, Texas by passed the state of California in the area of wind production and became the number one wind energy producing state in the whole USA. ERCOT kept it up in the year 2007, by generating above than 8000 megawatts (MW) of wind power. In 2010 December, the wind power output of ERCOT rose up to 25.8 % of the organization's load which was 9528 MW, a record setting production to date. This achievement increased the lawful aims of the state of the Texas in order to enhance its electric power production capability. According to the stats mentioned in a bill presented in senate, the state of Texas got its 10 % energy from green energy sources such as wind and solar power and energy systems till the year 2025.

On 23rd of August, 2010, ERCOT broke another record of power demand of 65776 MW, by passing the previous record of 63400 MW which was set on 13th of July, 2009. ERCOT estimates that the record will be maintained in the summer 2011. According to the states represented on 10th February 2011, a record breaking power demand in winter season was recorded having a demand of 57315 MW. In the summer season of 2010, ERCOT was highly criticized for issues of over sighting and financial miss-managements that came in front of public after being participated in Nodal Project.

According to PUC, it is illegal to oversee ERCOT''s finances as it does not have adequate authority to do so. The net financial deficiencies of ERCOT increased from $40 million to $365 million in the year 2009. The PUC high lightened the issue of better monitoring and transparency of finances handled by ESCORT and its dept to skip future ...