As US natural gas exports grow the domestic price will move closer to the world price levels. No more two tier pricing. This will take time though. Generally this will raise prices from the current levels. US EIA projects growing…
Day: January 24, 2012
ERCOT congestion revenue rights value falls in February
It is too soon for results from the nodal system changeover but this could be a sign of things to come. One of the touted advantages was the allocation of congestion costs at the point of congestion. Prior to the…