February 03, 2023

ERCOT Board of Directors Briefs: April 9, 2019

Staff Warns of Credit Risks Heading into Summer

Apr 15, 2019
Tom Kleckner
ERCOT Board of Directors / ERCOT Technical Advisory Committee (TAC) / Energy Market / Generation
ERCOT staff last week warned that forward energy markets indicate high prices this summer, which could lead to unexpected increases in credit obligations. Given current forward prices, Mark Ruane, ERCOT director of settlements, retail and credit, told the Board of Directors during its April 9 bimonthly meeting that forward adjustment...

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