Texas power spikes set tone for summer

According to the Electric Reliability Council of Texas (ERCOT), power demand in the state has been running 24% higher than year-ago levels for the last week in May.

ERCOT was set to meet on Friday to discuss market conditions which have caused the financial collapse of three power retailers in the past month. Balancing-energy market prices in ERCOT's four market zones have ranged from negative territory in the wind-powered west to the market cap of $2,250 per megawatt-hour and even higher

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: