ERCOT Power Prices, Congestion Costs Increase in 2017

ERCOT Power Prices, Congestion Costs Increase in 2017

Key wholesale power prices in Texas increased during 2017 — an upward surge largely driven by rising natural gas prices. Average demand for power in the ERCOT market also increased in 2017. However, peak-hour demand fell by 2.2 percent from the all-time record set...