NewEnergyNews More: BIG TEXAS WIND SHRINKS ELECTRICITY MRKT PRICE

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    • Wednesday, April 16, 2014

    BIG TEXAS WIND SHRINKS ELECTRICITY MRKT PRICE

    Power Prices in Texas Fall as Wind Generation Above Forecast

    Harry R. Weber, April 14, 2014 (Bloomberg BusinessWeek)

    “Spot wholesale electricity in Texas slid as generation from wind was above expectations…Wind power on the Electric Reliability Council of Texas Inc. network averaged 8,778 megawatts for the hour ended at 10 a.m. local time, above the day-ahead forecast of 8,425 megawatts…Spot power at the Texas North hub, which includes Dallas, fell $6.52, or 18 percent, to average $30.59 a megawatt-hour for the hour ended at 10 a.m. versus the same time April 11…Houston hub prices declined $6.29, or 17 percent, to $30.64…New York City power rose $2.43, or 6.2 percent, to average $41.71…while Boston power gained $2.03, or 5.4 percent, to $40.12…” click here for more

    posted by Herman K. Trabish @ 6:29 AM

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