The amended rule relates to a cap on the price for which generators can offer power into the ERCOT-administered market. ________________________________________________ In response to the financial fallout following Winter Storm Uri, Texas regulators last week...
More typically, real-time prices remain below $30 and only on two other occasions in grid history have they reached the $9,000 cap. Real-time energy prices in ERCOT surged to the $9,000-megawatt-hour cap on Tuesday, the result of triple-digit temperatures...