Houston — Weaker gas prices and a jump in solar generation pulled down wholesale power prices across the West in May, while California relied on significantly more imported power due to lower hydro conditions across the state as summer heat began…
Category: Electricity
ERCOT summer assessment cuts peakload forecast by 1.5 GW, boosts reserve margin to 12.6%
Houston — Although the Electric Reliability Council of Texas has cut its projected load forecast by 1,496 MW and raised its expected summer reserve margin to 12.6% because of the coronavirus pandemic, the grid operator Wednesday said it still expects to…