Settlement pointERCOT · Southern zonenode:LV1A_LV1B
LV1A_LV1B
LV1A_LV1B is an ERCOT settlement point in ERCOT's Southern zone near Los Vientos Wind 1A and Las Majadas Wind Farm. 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 LV1A_LV1B.
- Grid location
- Southern zone
Map coordinate 26.3226, -97.5998.
- Nearest power plant
- Los Vientos Wind 1A
1.0 miles away · 200 MW · wind
- Price record
- 166,642 price intervals · avg $26/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
Price behavior
Real-time price history, price shape, and fleet-relative statistics.
Latest real-time LMP
$21.71$/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
- Southern
- Location
- 26.323, -97.600
- Node id
- LV1A_LV1B
Price statistics
166,642 intervalsAvg $/MWh
$26
Median
$24
99th pct
$109
Max spike
$1,380
Spikes > $1000
5
% negative
8.3%
Average price$26/MWh
$0more expensive than 9% of nodes$39+
Volatility$28/MWh
$0more volatile than 7% of nodes$58+
Negative-price hours8.3%
0.0%more often negative than 73% of nodes16.9%+
Average price by hourlocal time · trailing 90 days
0:006:0012:0018:0024:00
Recent pricehourly average · last 14 days
LV1A_LV1B RT LMP21.71$/MWh