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Can you point me to a source for your $50/kWh number? My gut instinct is that it's orders of magnitude off. That's $50,000 / MWh. ERCOT wholesale prices in the
by wenc 3y ago
Can you point me to a source for your $50/kWh number? My gut instinct is that it's orders of magnitude off. That's $50,000 / MWh.
ERCOT wholesale prices in the Day Ahead market average around $30 / MWh, peaking at $5000/MWh in June for 1 hr.
- vel0city 3y agoThey can't because it's not true. You're absolutely right, it legally can't go above $5,000/MWh meaning $5/kWh. It was lowered to that value after the winter storm where it hit is previous max of $9,000/MWh.