ERCOT real-time wholesale power prices spend hours above $2,000/MWh

by Mark Watson, August 13, 2019 Houston — As the Electric Reliability Council of Texas’ power demand neared another record for peakload Tuesday afternoon and ERCOT called for energy conservation, real-time wholesale power prices, including congestion and price...

Power demand, prices soar with temperatures

by L.M. (Wooty) Sixel, August 13, 2019 The heat wave blanketing Texas drove wholesale power prices to record levels Tuesday as triple-digit temperatures strained electricity supplies, spurred calls for energy conservation and drew the Texas power grid perilously close...

Power Blows Past $9,000 Cap in Texas as Heat Triggers Emergency

by Chris Martin and Naureen S Malik, August 13, 2019 Electricity prices briefly surged past a $9,000 a megawatt-hour price cap in Texas as extreme heat sent power demand skyrocketing and forced the state’s grid operator to declare an emergency. As temperatures in...