ERCOT to have plenty of resources for winter, signaling power price weakness

摘要

The Electric Reliability Council of Texas anticipates having more than 20 GW of capacity in excess of expected peak demand this winter, which could signal weak power prices, according to an ERCOT report Thursday. ERCOT’s final Seasonal Assessment of Resource Adequacy for the winter of 2019-20, December through February, indicates an expected peak demand of 62,257 MW and resources totaling 82,389 MW. However, the stress that thermal generators underwent during heat waves this August and September is likely to cause more generators to enter outage status for maintenance, said Campbell Faulkner, senior vice president and chief data analyst at OTC Global Holdings, an interdealer commodities broker.