ercot real time market prices
ERCOT real-time prices spike near $6,000/MWh, non-spin reserves deployed Houston (Platts)--23 Jan 2018 429 pm EST/2129 GMT Real-time prices in the Electric Reliability Council of Texas spiked to $5,800/MWh for 15 minutes Tuesday morning, while the grid operator deployed non-spin reserves around the same time. Furthermore, real-time prices crossed the current energy offer cap of $9,000/MWh during two 5-minute intervals. For the first time in ERCOT's history, market prices reached the $9,000 price cap during two [Security Constrained Economic Dispatch] intervals ... for a total of about 10 minutes, ERCOT spokeswoman Leslie Sopko said Tuesday in an email.