ERCOT congestion rights value falls in latest auction Houston (Platts) Congestion revenue rights acquired in the Electric Reliability Council of Texas auction for January totaled $14.6 million, about 7% less than the December total, results posted Tuesday show. The total…
Tag: ERCOT
Texas’ Stranded Costs Raise Rates
RechargeTexas.com has a report showing the cost to consumers to deregulate Texas electricity is $6.5 billion in stranded costs. My contention is this cost never really existed except in the minds of the utilities. Since deregulation the generation plants have…