ERCOT North Hub pulled down by weaker demand, lower gas prices

摘要

Next-day power prices in the Electric Reliability Council of Texasweakened Friday alongside falling demand, lower natural gas pricesand an anticipated jump in wind generation.ERCOT North Hub day-ahead on-peak shed $4.50 and traded in themid-$30s/MWh on the Intercontinental Exchange for Monday delivery.On Monday, ERCOT system-wide peakload is expected to tick downabout 1% to around 64,030 MW, according to the grid operator.High temperatures across the ERCOT footprint are expected tohold steady in the low to mid-90s F Monday, according toCustomWeather data.