Settlement pointERCOT · Southern zonenode:LGE_LGE_GT2
LGE_LGE_GT2
LGE_LGE_GT2 is an ERCOT settlement point in ERCOT's Southern zone near Gregory Power Plant and Ingleside Cogeneration. 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 LGE_LGE_GT2.
- Grid location
- Southern zone
Map coordinate 27.8901, -97.2588.
- Nearest power plant
- Gregory Power Plant
0.1 miles away · 366 MW · natural gas
- Price record
- 167,739 price intervals · avg $29/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 Southern zone.
Nearby power plants
Gregory Power Plant366 MW · natural gas · San Patricio County0.1 miIngleside Cogeneration460 MW · natural gas · San Patricio County1.1 miMidway Wind, LLC162.9 MW · wind · San Patricio County5.1 miPapalote Creek II LLC200.1 MW · wind · San Patricio County7.7 miNueces Bay633 MW · natural gas · Nueces County11 mi
Price behavior
Real-time price history, price shape, and fleet-relative statistics.
Latest real-time LMP
$29.64$/MWh
Jul 21, 6:00 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 pointmoderate volatility
- Zone
- Southern
- Location
- 27.890, -97.259
- Node id
- LGE_LGE_GT2
Price statistics
167,739 intervalsAvg $/MWh
$29
Median
$25
99th pct
$116
Max spike
$1,786
Spikes > $1000
60
% negative
3.0%
Average price$29/MWh
$0more expensive than 24% of nodes$39+
Volatility$34/MWh
$0more volatile than 35% of nodes$58+
Negative-price hours3.0%
0.0%more often negative than 48% of nodes16.9%+
Average price by hourlocal time · trailing 90 days
0:006:0012:0018:0024:00
Recent pricehourly average · last 14 days
LGE_LGE_GT2 RT LMP29.64$/MWh