ERCOT spot prices climb with demand, temperatures in Texas

摘要

Spot prices in ERCOT for Sept. 7 delivery trended bullish during Sept. 6trading on the Intercontinental Exchange, with temperatures forecastto rise as rainstorms leave Texas.The ERCOT North day-ahead on-peak contract rallied on ICE, risingabout $1 and pricing at $94/MWh.The real-time on-peak contract rose about $1.25 and traded near$95.50/MWh for Sept. 7 delivery.