Settlement pointERCOT · Coast zonenode:FO_FORMOSG1
FO_FORMOSG1
FO_FORMOSG1 is an ERCOT settlement point in ERCOT's Coast zone near Formosa Utility Venture Ltd and CFB Power Plant. It records locational marginal prices at this point on the grid; Ask the Grid tracks its five-minute real-time prices, day-ahead prices, historical price shape, and 24-hour Metiscast forecast.
Asset facts
Market identity, price telemetry, and nearby grid context.
- Settlement point
- Settlement point
ERCOT market identifier FO_FORMOSG1.
- Grid location
- Coast zone
Map coordinate 28.6844, -96.5516.
- Nearest power plant
- Formosa Utility Venture Ltd
0.8 miles away · 829.8 MW · natural gas
- Price record
- 167,669 price intervals · avg $31/MWh · 365 day window
Real-time LMP, day-ahead price, hourly shape, and fleet-relative statistics.
Local grid context
Assets and settlement points nearest this location in ERCOT's Coast zone.
Nearby power plants
Formosa Utility Venture Ltd829.8 MW · natural gas · Calhoun County0.8 miCFB Power Plant286.2 MW · natural gas · Calhoun County2.5 miPort Comfort Power LLC86 MW · natural gas · Calhoun County2.5 miTres Bahias196.3 MW · solar · Calhoun County2.5 miTX2 Port Lavaca9.9 MW · batteries · Calhoun County10 mi
Price behavior
Real-time price history, price shape, and fleet-relative statistics.
Latest real-time LMP
$20.47$/MWh
Jul 21, 5:00 PM UTC
ERCOT day-ahead prices are market settlements, not model predictions. Error statistics compare completed delivery hours with hourly real-time LMP averages.
Settlement pointlow volatility
- Zone
- Coast
- Location
- 28.684, -96.552
- Node id
- FO_FORMOSG1
Price statistics
167,669 intervalsAvg $/MWh
$31
Median
$26
99th pct
$121
Max spike
$1,693
Spikes > $1000
8
% negative
2.8%
Average price$31/MWh
$0more expensive than 38% of nodes$39+
Volatility$29/MWh
$0more volatile than 17% of nodes$58+
Negative-price hours2.8%
0.0%more often negative than 45% of nodes16.9%+
Average price by hourlocal time · trailing 90 days
0:006:0012:0018:0024:00
Recent pricehourly average · last 14 days
FO_FORMOSG1 RT LMP20.47$/MWh