Texas regulators briefed on power grid’s preparations for Dec. 22 cold snap
December 16, 2022 Comments Off
Texas regulators learned Dec. 15 how the Electric Reliability Council of Texas is preparing for a cold snap that is expected to bring sub-freezing low temperatures to much of central Texas beginning Dec. 22. The Intercontinental Exchange on-peak power price for Dec. 19-23 surged about $40 to around $114/MWh, while off-peak contracts rose $22 to trade around $100/MWh. “You will…
Texas regulators briefed on power grid’s preparations for Dec. 22 cold snap
Texas regulators learned Dec. 15 how the Electric Reliability Council of Texas is preparing for a cold snap that is expected to bring sub-freezing low temperatures to much of central Texas beginning Dec. 22. The Intercontinental Exchange on-peak power price for Dec. 19-23 surged about $40 to around $114/MWh, while off-peak contracts rose $22 to trade around $100/MWh. “You will…
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