Houston Chronicle: Houston power trader loses pricing fight against ERCOT

Sept. 11 — Aspire Commodities asked the commission to force ERCOT to reprice electricity trades made last year that sent wholesale prices soaring from $37 a megawatt hour to the state maximum of $9,000 per megawatt hour after a Calpine employee mistakenly indicated the company had taken about 4,000 megawatts of generation capacity — enough to power some 800,000 Texas homes — offline when they were in fact still operating.

— Houston Chronicle