Author: Mark Watson
Houston — Weaker natural gas prices offset heavier peakloads to push day-ahead on-peak locational marginal prices lower in Electric Reliability Council of Texas markets this July, compared with July 2019, but prices were higher month on month, mainly because of the big month-to-month power demand surge.
September on-peak forwards were lower month on month, possibly reflecting July’s relatively mild daily pricing, but higher year-on-year, probably due to expected …
