NRG says ERCOT reserve margins will tighten

Platts

NRG Energy said Thursday it is expecting a tightening of the Electric Reliability Council of Texas power market as new plant build delays and cancellations as well as retirements lower the reserve margin in 2018 to a projected 11.3%.
ERCOT’s reserve margin as of May 2017 was 18.9%.
In an earnings conference call, NRG Energy CEO Mauricio Gutierrez said that the 12-month average year over year weather normalized demand growth in …

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