Blog: ERCOT Experiences Record Consumption, Real-Time Prices Reach $9,000 Cap
More typically, real-time prices remain below $30 and only on two other occasions have they reached $9,000.
Critics Warn Proposals Could Hike Houston-Area Power Costs
You flip a switch, your lights come on. The more power you use, the bigger your bill. It sounds simple and it is — and yet just below the surface lurks a tangle of engineering constraints, big-moneyed interests and a fantastically complex wholesale power market. And...
Too much competition a bad thing? Power companies oppose project that could lower Houston prices
A massive transmission project that could lower electric prices in Houston has won approval from the operator of the Texas power grid — despite objections from two major generation companies. Dubbed the Houston Import Project, the transmission lines will cost an...
“Out of Jail Free” For Generators?
When approved by the PUC — and if the companies stick to them — the proposals protect companies against any prosecution for market power abuse.