Congestion revenue rights

Underwrite the path, not just the spread.

Underwrite CRRs in ERCOT—and equivalent FTR paths in other markets—against the network, resource behavior, weather, and events that can break a historical relationship.

The decision

Which paths are structurally exposed, what is driving the separation, and does the thesis survive the next regime?

“Which constraints repeatedly separate the source and sink?”

“What physical event is most likely to invalidate this path thesis?”

“How does the spread behave under different load and weather regimes?”

Follow the decision.

System state, physical context, and evidence move together — one surface, shown in full, instead of three separate research tasks.

Trace the separation

Read congestion geographically and keep the path connected to the transmission system that produces it.

ERCOT transmission and congestion displayed on the Ask the Grid map — Map / path contextAsk the Grid

Inspect the event history

Review the operating event around a move before treating a recurring spread as a durable pattern.

Ask the Grid event overview showing the timing and context of an ERCOT market event — Event / market chronologyAsk the Grid

Test the regime

Compare forecast paths with observed conditions to understand when the underlying system relationship changes.

Ask the Grid forecast comparison view with multiple forecast paths — Forecast / regime comparisonAsk the Grid

A path thesis grounded in the network, with its failure conditions made explicit.

Constraint lineage

Regime-aware paths

Faster thesis review

Investigate an ERCOT CRR path

Explore the platform Next: Congestion trading