REmap
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Commentary
Summer 2020 Brought ERCOT Market Challenges, But Nothing Like 2019
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 peaked at “just” $1,700 per MWh, the afternoon of Aug. 15. There were many reasons for the reduced price volatility in Texas this year. First, […]
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News
Data Tool Shows Pandemic’s Impact on Power Prices
A clean energy valuation and risk analytics company said that low demand for energy during the COVID-19 pandemic, along with low prices for natural gas and strong power generation from renewable energy resources, has brought unprecedented low prices for electricity in multiple U.S. markets. REsurety said its Renewable Energy Market Analytics Platform (REmap) shows that […]
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