Josh-Daniel S. Davis (joshdavis) wrote,
Josh-Daniel S. Davis
joshdavis

ERCOT reports 50% reduction in transmission costs

http://www.ercot.com/news/press_releases/2011/nr06-23-11

Chief Operating Officer Mike Cleary said energy prices in the first six months of the nodal market averaged $30-$35 a megawatt hour (MWh), compared to $55-$60 in the zonal market during the same time last year due to improved congestion management tools in the nodal market, specifically, the ability to dispatch on 5 minute intervals (vs 15) starting December 1, 2010.
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