ERCOT North Hub day-ahead jumps 155% on initial intraday shortfall

摘要

Next-day power prices in the Electric Reliability Council of Texasfootprint jumped as much as 155% Monday as an intraday generationshortfall trumped expectations of lower demand and higher windgeneration on Tuesday.ERCOT North Hub day-ahead on-peak soared $57.75 to trade in themid-$90s/MWh on the Intercontinental Exchange for Tuesday delivery.The ERCOT North Hub balance-of-the-day on-peak package tradedin the low $410s/MWh Monday, about $375.75 above where the dayaheadprice settled Friday.