ERCOT’s extreme prices unlikely to result in new thermal generation: experts
Aug 14, 2019 | Press
Houston — The Electric Reliability Council of Texas’ systemwide real-time wholesale power prices on Tuesday spent more than four hours above $1,000/MWh and 90 minutes around $9,000/MWh, but industry observers Wednesday said they generally doubted it was enough to incentivize conventional generation capacity growth.
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TCPA is a non-profit trade association representing power generators, wholesale power marketers, and retail providers with investments in Texas and the ERCOT wholesale and retail electric markets. TCPA members provide approximately 60% of the total net operable electric generating capacity in ERCOT, representing billions of dollars of investment in the state and employing thousands of Texans.
