S&P Global: ERCOT summer 2020 likely to have high prices earlier, lower later

Dec. 18 — Electric Reliability Council of Texas power traders expect, or at least suspect, prices will be substantially higher in June-July 2020 than in June-July 2019, though slightly weaker in August 2020 than August this year, judging from recent forward prices. Market observers are not surprised.

— S&P Global