The Texas power market made headlines in August 2019 when wholesale prices for electricity repeatedly spiked close to and even hit the $9,000-per-megawatt-hour (MWh) cap. This August, average hourly prices…

A new report from two groups that study energy policy supports the establishment of a fully competitive regional electricity market in the U.S. Southeast, something already being discussed by at…

It’s an article of faith in large parts of the U.S.—at least among power industry people—that organized and Federal Energy Regulatory Commission (FERC)–regulated “merchant” interstate power markets are the best…

It’s peak season for the U.S. power industry. While actual dates may vary from one utility to another, generally the summer peak period spans from Memorial Day (May 25 this…

Despite uncertainties posed by the COVID-19 pandemic, the Electric Reliability Council of Texas (ERCOT) again expects to shatter its peak demand record this summer. Factoring in changes to its generation…