Platts Strong wind generation helped the Electric Reliability Council of Texas system cope with the mid-July heat wave with high prices, but such wind capacity is unlikely to be available if another heat wave strikes in August, board members were…
Tag: ERCOT
ERCOT real-time power prices spike near $1,500/MWh on record demand
Platts The Electric Reliability Council of Texas footprint saw real-time prices jump to four-digit territory Wednesday afternoon as power demand rose above record May peakload with above-normal temperatures. Real-time prices spiked across the footprint as real-time prices for all hubs…