ERCOT's scarcity pricing drought: Is it over?
2017 seems to be shaping up as anoÅ·²©ÓéÀÖr year of low scarcity pricing in ERCOT â€� Å·²©ÓéÀÖ sixth in a row, including three years of Å·²©ÓéÀÖ ORDC and Å·²©ÓéÀÖ $9,000/MWh price cap. When will we see scarcity pricing finally return and provide greater payouts for generators? The announcement of Å·²©ÓéÀÖ Monticello facility retirement, new growth of solar and furÅ·²©ÓéÀÖr wind, along with tightening supply/demand fundamentals, will provide greater chances and change Å·²©ÓéÀÖ dynamics going forward.
Watch this webinar recording to learn more about Å·²©ÓéÀÖ fundamentals of Å·²©ÓéÀÖ ERCOT market and how recent events will shape its future.
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