Clearing price for supplying power to Texas grid –$31.65
1–10 of 266 posts
Re: Clearing price for supplying power to Texas grid –$31.65
#2I was not sure I was reading the map correctly, but it is true. If you rushed to get a power plant online because they were begging for power and offering $9k/MWhr, they are now charging you $30.
http://www.ercot.com/content/cdr/html/20210220_real_time_spp
Re: Clearing price for supplying power to Texas grid –$31.65
#3strangely every time i have tried to access the ercot site i keep get an "access denied" error. i wonder if it is because it thinks i am in europe, or maybe some other reason.
Re: Clearing price for supplying power to Texas grid –$31.65
#4strangely every time i have tried to access the ercot site i keep get an "access denied" error. i wonder if it is because it thinks i am in europe, or maybe some other reason.
just found another HN article, it appears that most people outside of Texas and/or the US are being blocked.
Re: Clearing price for supplying power to Texas grid –$31.65
#5Good God, the Texas power grid is so fucked by speculation.
Re: Clearing price for supplying power to Texas grid –$31.65
#6So all these Giddy costumers who had a $10k bill because they were tied to wholesale prices should now turn on the A/C to the max and get paid?
Re: Clearing price for supplying power to Texas grid –$31.65
#7strangely every time i have tried to access the ercot site i keep get an "access denied" error. i wonder if it is because it thinks i am in europe, or maybe some other reason.
just found another HN article, it appears that most people outside of Texas and/or the US are being blocked.
Indeed. Just use any old http proxysite which offers an US proxy.
Re: Clearing price for supplying power to Texas grid –$31.65
#8I was not sure I was reading the map correctly, but it is true. If you rushed to get a power plant online because they were begging for power and offering $9k/MWhr, they are now charging you $30. http://www.ercot.com/content/cdr/html/20210220_real_time_spp
I believe that is an accurate description of disincentivizing oversupply. I hate ERCOT.
Re: Clearing price for supplying power to Texas grid –$31.65
#9Re: Clearing price for supplying power to Texas grid –$31.65
#10Context:
> For wind developers, federal tax credits also are a contributing factor, even allowing the wind resources to make offers at negative prices. However, low and/or negative offers are not limited to any particular resource, and it is not uncommon for thermal generators to submit negative prices to decrease their chances of being dispatched below their desired or capable levels.
> ...
> Market prices tend to go negative when there is low consumer demand and the thermal generators that have chosen to remain online cannot be backed down further to allow the available, lower-cost wind generation to serve consumer demand. In situations like this, some wind generators will be curtailed to balance generation with load. In these cases, since wind is the marginal generation, it sets the market price, which may be low or negative.In 2019, system-wide negative pricing occurred for 58.5hours, or less than one percent of the year.
http://www.ercot.com/content/wcm/lists/200196/Wind_One_Pager...