1. Next-day power prices in the Electric Reliability Council of Texas jumped on Nov. 9 as wind generation was forecast to decrease. 2. ERCOT North Hub next-day on-peak rose $17.75 on the day to trade in the mid $40s/MWh on the Intercontinental Exchange for Nov. 10 delivery. 3. Wind generation in the ERCOT footprint is forecast to average about 7,845 MW on Nov. 10, falling 55% from an average of 17,536 MW the day before. 4. ERCOT expects wind generation to continue declining over the next three days, rebounding on Nov. 12, according to grid operator data. 5. Natural gas prices at the Houston Ship Channel hub inched up, gaining 2 cents to about $2.76/MMBtu for Nov. 10 flow. 6. ERCOT demand, in contrast, is forecast to fall on Nov. 10. The grid operator projects a peak demand of 44,637 MW, 6% lower than the day before. 7. Temperatures across the ERCOT region are forecast to fall 2-3 degrees on the day, ranging from the mid 70s to low 80s Fahrenheit, according to the US National Weather Service.
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