Texas summer forwards keep falling on eased market expectations

摘要

Forward power prices in the Electric Reliability Council of Texas footprint continued to fall Friday, after NRG announced Thursday it would bring its mothballed 385-MW Gregory natural gas-fired plant back online this summer amid a tight reserve margin. North Hub July-August on-peak real-time futures were seen traded in the high $100s/MWh on the Intercontinental Exchange, down more than $5 from Thursday, after falling more than $5 Thursday, the largest daily dip since July 2018.