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Home » ERCOT: Market Now Short $3.02B
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ERCOT: Market Now Short $3.02B

PUC Orders Release of Generator Outages During Winter Storm

Mar 15, 2021
Tom Kleckner
Texas / ERCOT Board of Directors / Energy Market / FERC & Federal / Texas / Generation
The ERCOT market faces a more than $3 billion shortfall after widespread generator outages stemming from a February winter storm drove short-term electricity prices to the $9,000/MWh cap, staff told their Board of Directors on Friday during a teleconference. Kenan Ögelman, the grid operator’s vice president of commercial operations, told...

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