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...
Electric Generator Accused of Abusing ERCOT Market

Electric Generator Accused of Abusing ERCOT Market

An electric generation company may have improperly manipulated the Texas energy market for financial gain, according to a federal lawsuit filed in Houston. GDF Suez, a Houston-based generator with facilities around the state, is accused of intentionally withholding...