POWER magazine: Summer 2020 Brought ERCOT Market Challenges, But Nothing Like 2019

The Texas power market made headlines in August 2019 when wholesale prices for electricity repeatedly spiked close to and even hit the $9,000-per-megawatt-hour cap. This August, average hourly prices peaked at “just” $1,700. To see how wind and solar producers were financially impacted, REsurety used our company’s new information tool, REmap, which allows us to dig into how weather and power market volatility affect the value and risk of renewable energy generation.