ERCOT North Hub day-ahead on-peak shot up $80 to around $255/MWh for Monday delivery on the Intercontinental Exchange, the highest value seen in several years. Looking back, day-ahead prices reached a summer high of $92/MWh in 2014, $145/MWh in 2013, $305/MWh in 2012 and $610/MWh in 2011, the hottest summer on record in Texas..
Keep reading at Platts.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.