This session introduces the fundamentals of wholesale electricity markets, with a focus on ERCOT—the independent system operator managing Texas's power grid. From a quantitative trader's perspective, it explores how ERCOT balances market efficiency and reliability, what makes it unique among U.S. power markets, and how its core segments—Day-Ahead, Real-Time, and Congestion Revenue Rights (CRRs)—function in practice. The discussion links market design to operational dynamics, highlighting how price formation and congestion management create opportunities for generators, traders, and load-serving entities.

About the Speaker: Smeet Poladia is the founder of Equigreen Ventures LLP, a trading firm. Prior to launching his own venture, he was a Quantitative Trader at SESCO Enterprises. While at SESCO, Smeet led the development of trading strategies and performed power‑flow modeling for the ERCOT trading desk.

The event is hybrid and free, but you must register to attend.