Summer 2018 ERCOT forwards surge

Platts

Summer 2018 ERCOT forwards surge as grid operator halves reserve margin
The Electric Reliability Council of Texas’ latest Capacity, Demand and Reserves Report, released Monday morning, cut the summer 2018 planning reserve margin in half compared with the May CDR, and summer forwards across the grid operator’s footprint jumped by about 10% shortly thereafter.

The planning reserve margin is the percentage by which resources are expected to exceed forecast peakload. The latest CDR indicates a summer 2018 reserve margin of …

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