As Electric Reliability Council of Texas real-time prices averaged less than $20/MWh Feb. 22, state officials have forestalled disconnections for nonpayment and started investigating last week’s winter storm-induced energy emergency, and thousands of retail electric customers will likely be switched to providers of last resort. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Real-time prices averaged negative 56 cents/MWh for the hour ending at 2 pm CT on Feb. 22, with wind output around 11 GW and solar output at 1.8 GW. For the previous 13 hours of Feb 22, real-time prices averaged about $15/MWh. The contrast is striking with the week prior, when real-time prices averaged near the systemwide cap of $9,000/MWh as ERCOT remained in Energy Emergency Alert Level 3 status, which entailed rolling blackouts for […]