For several 15-minute intravals early this morning, wholesale electricity cost nothing. The market price went to zero.
This happens every once in a while during the dark, morning hours in Texas’ deregulated market. The reason is a combination of wind blowing harder and Texans using less juice.
Keep reading at Dallasnews.com.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.