Texas’ Power Price Spike and Designing Markets for a Carbon-Free Grid

Greentech Media
By info@greentechmedia.comAug 19, 2019, 9:40 am159 pts
Last week as Texas’ ERCOT grid reached its price cap of $9,000 per megawatt-hour and the price map on ERCOT’s home page became a solid and deep red, many energy market wonks highlighted that this is a feature, not a failure, of the market. Texas’ summer heat — one of the few things the industry can…

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