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 …

FERC orders ISO-NE to nix new power suppliers’ ability to ‘lock in’ capacity prices

Author: Jasmin Melvin

Washington — The Federal Energy Regulatory Commission has found that ISO New England’s capacity market rules allowing new entrants to “lock in” their initial clearing price for seven years are no longer just and reasonable, and directed the grid operator to remove the price lock and associated zero-price offer provisions from its tariff.

n analyst with S&P Global Platts Analytics expects the change to prove most challenging to plans to …