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...
ERCOT Stakeholders Say No to Major Redesign Effort

ERCOT Stakeholders Say No to Major Redesign Effort

It would have been a big, big change — one that would have impacted behind-the-scenes operations in the Texas wholesale power market. But for now it’s not happening. ERCOT, also known as the Electric Reliability Council of Texas, operates the state’s primary power...
ERCOT: Forecast Mostly Sunny for Generation Supply

ERCOT: Forecast Mostly Sunny for Generation Supply

Despite growing demand, power capacity reserves in Texas won’t likely run short any time soon. That appears to be the message from ERCOT, the organization that oversees the state’s power grid, as it releases this week its seasonal and 10-year reserve forecasts. The...