ERCOT 2021 outlook: More volatility, demand, renewables, generation retirements

Author: Mark Watson

Houston — Traders in the Electric Reliability Council of Texas power markets are likely to face increased volatility in 2021 and possibly higher on-peak power price spikes, in part because of record high summer peakload and higher expected gas prices, industry observers said Thursday.

ERCOT North Hub forward indexes for January through December 2021 on Dec. 16 averaged 35.7% above the monthly average day-ahead on-peak locational marginal prices for the …

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