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ERCOT's scarcity pricing drought: Is it over?

ERCOT's scarcity pricing drought: Is it over?
By Dinesh Madan
Dinesh Madan
Senior Director, Energy Power Markets
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2017 seems to be shaping up as another year of low scarcity pricing in ERCOT – the sixth in a row, including three years of the ORDC and the $9,000/MWh price cap. When will we see scarcity pricing finally return and provide greater payouts for generators? The announcement of the Monticello facility retirement, new growth of solar and further wind, along with tightening supply/demand fundamentals, will provide greater chances and change the dynamics going forward.

Watch this webinar recording to learn more about the fundamentals of the ERCOT market and how recent events will shape its future.

Meet the author
  1. Dinesh Madan, Senior Director, Energy Power Markets

    Dinesh Madan joined ICF in 2005 and has been extensively involved in the areas of energy market modeling, wholesale power market assessment, asset valuation and financial modeling, and restructuring and litigation support including contract evaluation and risk assessment.   View bio

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