2018 Texas heat wave
The remainder of the ERCOT market’s summer “looks to be a disappointment” for those hoping for high power prices, according to Morningstar.
ERCOT executives said that system generation has overperformed during the summer, helping the grid operator meet demand during July’s record heat.
A high-pressure system that has swamped much of Texas with triple-digit temperatures has led to all-time systemwide peak records in ERCOT.
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