This past August, electricity prices in Texas hit historic highs over several days. Prices rose from the typical range of $20 to $30 per MWh to $9,000 per MWh during the second week of that month. Fig...
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In commodity markets, a bear market cannot stay bearish forever. Typically, a commodity market does not stay in backwardation (where prices get cheaper into the future) for long. The forward electrici...
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There are two things we were watching closely this summer: The temperature and its impact on the ERCOT reserve margin. Tariff updates from the delivery companies. In terms of the weather and ERCOT res...
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Many states throughout the country, especially along the East Coast, have aggressive plans to construct solar and wind farms to produce electricity. States such as New York and Maryland have establish...
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Over the past two months in Texas, we have witnessed our dream summer: a July where there was plenty of rain across the state, where North Texas didn’t see an official 100-degree day until July 31st, ...
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Usually, hot summer weather starts to take hold in Texas during the month of June. In most years, the temperature climbs steadily throughout that month with average temperatures at the end of June abo...
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There are two things we are really watching this summer: the temperature and rate cases. It’s mid-June, school is out and the 4th of July is two weeks away – summer is here. It is natural to start wat...
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