OTC GLOBAL HOLDINGS ANNOUNCES ADDITION OF AARON EASTERLING TO HELP ATTRACT ADDITIONAL TOP TALENT

Aug 21, 2019 | News

HOUSTON (August 21, 2019) – OTC Global Holdings (OTCGH), leading independent interdealer broker in over-the-counter commodities, today announced the addition of Aaron Easterling as Vice President of Business Development. Easterling, who brings more than 13 years of...

On the Brink of Blackouts, Texas Makes Case for New Plants

Aug 15, 2019 | News

by Chris Martin and Naureen S Malik, August 14, 2019 It may be time to start building power plants in Texas again. The state’s generators made a killing this week as unrelenting heat sent electricity prices skyrocketing to unprecedented levels, briefly blowing past a...

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

Aug 15, 2019 | News

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

Aug 15, 2019 | News

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

Aug 15, 2019 | News

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...

ERCOT’s extreme prices unlikely to result in new thermal generation: experts

Aug 15, 2019 | News

by Mark Watson, August 14, 2019 Houston — The Electric Reliability Council of Texas’ systemwide real-time wholesale power prices on Tuesday spent more than four hours above $1,000/MWh and 90 minutes around $9,000/MWh, but industry observers Wednesday said they...