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

摘要

The Electric Reliability Council of Texas’ systemwide real-timewholesale power prices on Tuesday spent more than four hours above$1,000/MWh and 90 minutes around $9,000/MWh, but industryobservers Wednesday said they generally doubted it was enough toincentivize conventional generation capacity growth.Evan Caron, former head of power and current strategic boardadvisor at TrailStone, an energy asset management company based inAustin, Texas, said this week’s pricing is unlikely to prompt investmentin retaining or expanding capacity in ERCOT, because the real-timeprice jumps “barely moved the forward curve” in Tuesday's trading.