Ascend Analytics reposted this
Last week in ERCOT, increasing net load led to energy arbitrage opportunities in both the day-ahead and real-time markets. DA prices generally cleared above RT prices as usual in ERCOT. This was especially pronounced on the 24th when solar and wind both generated more than expected. ECRS continued to be the highest priced ancillary product with prices reaching $100/MW during the net load peaks on the 23rd and 24th. Strategies that balanced ECRS with energy participation in both the DA and RT market performed optimally last week. Interested in learning more about how Ascend can help you with your Bid Optimization, go to Ascend’s website at https://bit.ly/4aKfRu0 and click “Talk to an Expert” to book a meeting.
CMO | B2B SaaS | Revenue Ops | GTM Strategy | Renewable Energy
3wMore great insights from the team at Ascend Analytics! Thanks Mike.