Settlement pointERCOT · Southern zonenode:OLMITO_RN
OLMITO_RN
OLMITO_RN is an ERCOT settlement point in ERCOT's Southern zone near WAL456 and Villa Cavasos. 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 OLMITO_RN.
- Grid location
- Southern zone
Map coordinate 26.0026, -97.5204.
- Nearest power plant
- WAL456
1.8 miles away · 1.2 MW · natural gas
- Price record
- 167,891 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 Southern zone.
Nearby power plants
Price behavior
Real-time price history, price shape, and fleet-relative statistics.
Latest real-time LMP
$33.02$/MWh
Jul 21, 7:00 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 pointhigh volatility
- Zone
- Southern
- Location
- 26.003, -97.520
- Node id
- OLMITO_RN
Price statistics
167,891 intervalsAvg $/MWh
$31
Median
$24
99th pct
$116
Max spike
$13,512
Spikes > $1000
200
% negative
7.5%
Average price$31/MWh
$0more expensive than 50% of nodes$39+
Volatility$189/MWh
$0more volatile than 99% of nodes$58+
Negative-price hours7.5%
0.0%more often negative than 67% of nodes16.9%+
Average price by hourlocal time · trailing 90 days
0:006:0012:0018:0024:00
Recent pricehourly average · last 14 days
OLMITO_RN RT LMP33.02$/MWh