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...
Proposed Changes to ERCOT Mechanism Could Impact Prices

Proposed Changes to ERCOT Mechanism Could Impact Prices

It’s called the Operating Demand Reserve Curve — ORDC for short. You can be forgiven if you’ve never heard of it. But the ORDC — which is a component of the state’s wholesale power system — was in the news this month … and in a way that could portend higher power...