Tag: power prices

Mainstream technologies, Renewable Energy

Wind speeds play a big part in setting ERCOT wholesale power prices

October 6, 2022

Via: Renewable Energy World

High electricity demand coupled with low wind availability can significantly raise wholesale prices in the Electric Reliability Council of Texas (ERCOT) grid, supported by its market design. These factors can lead to price spikes during summer peak-day conditions. Those findings […]

Commercialization, Renewable Energy

Why More Solar and Wind on the Grid Should Be Driving Today’s Investment Decisions

May 23, 2018

Via: Renewable Energy News

A newly released Lawrence Berkeley National Laboratory (LBNL) report has found that when the share of electricity generated from wind and solar reaches 40-50 percent, wholesale power prices will decrease by US $5-$16/MWh. The LBNL study also has implications for […]

Domestic, Energy Consumption

US sees low winter power and natural gas prices

April 6, 2016

Via: Energy Global

Wholesale natural gas and power prices in the Northeast US remained relatively low this winter, absent the large spikes that have occurred during recent winters. A combination of increased deliveries of LNG into the region, a fuel adequacy winter reliability […]