ERCOT North Hub jumps 66% ahead of projected jump in demand

摘要

Next-day power prices in the Electric Reliability Council of Texas rose 66% Friday, with demand forecast to jump as wind generation weakens on Monday. ERCOT North Hub day-ahead on-peak added $11.25 Friday to trade in the upper $20s/MWh on the Intercontinental Exchange for Monday delivery. On Monday, high temperatures across the ERCOT region are forecast to range from the mid- to upper 80s, up between 13 and 25 degrees from Friday, according to CustomWeather data.