The US wholesale electricity markets heated up ahead of summer 2018 as two regions drew close attention by market participants: Texas and the West.
In Texas, forward electricity prices skyrocketed into triple-digit territory ahead of summer as generation reserve margins dropped below required levels in the wake of several coal-fired power plant retirements.
Out West, lower hydro generation levels, coupled with possible natural gas pipeline and storage issues, had market participants on edge ahead of summer as a regional grid operator expected demand to soar to near-record level if hot weather bakes the region.
Will Texas retirements and hot weather translate into volatility in the Lone Star state? Will expansion of renewable generation help counter low hydro generation levels as demand picks up this summer?
Join Platts electricity pricing team for this electric power webinar. Hear current market dynamics, industry pricing updates, developments and changes in the markets, recent news in the US wholesales electricity markets, and submit questions to our Americas electricity pricing team.
Manager, Americas Electricity Pricing
S&P Global Platts
Eric Wieser is manager for the S&P Global Platts North American power pricing team and is based in Washington, DC. He has been Platts for 15 years covering US wholesale power markets.
Senior Specialist
S&P Global Platts
Kassia Micek is a senior specialist for the S&P Global Platts North American power pricing team and is based in Houston. She has been with Platts for more than six years covering US wholesale power markets and renewable energy certificates.
Senior Specialist
S&P Global Platts
Jeff Zhou is a senior specialist for the S&P Global Platts North American power pricing team and is based in Houston. He has been with Platts for about two years covering US wholesale power markets and renewable energy certificates.
This webinar will cover the following topics:
Subject to change:
Current market dynamics - Summer power market dynamics in Texas and California
Electricity Assessments Methodology 101
Proposed methodology changes & your real-time feedback
Q&A session – you can still submit questions to our team
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