ERCOT average wind generation to double as on-peak power prices decrease

摘要

In spite of higher natural gas prices and increased expected demand inTexas for Wednesday, day-ahead on-peak power in the ElectricReliability Council of Texas was valued about $5/MWh lower Tuesdaymorning on the Intercontinental Exchange.Bid and offer activity on ICE indicated the value of day-aheadon-peak power at ERCOT North in the upper $10s/MWh Tuesdayafternoon, down from Monday's settlement of $22.13/MWh. Next-daypower trading real-time on ICE showed a weighted average price of$17.72/MWh at 1:30 pm CDT.