HomeAugust 29, 2019
ERCOT CEO: No Defaults At ERCOT, So Far, From Recent Scarcity Pricing
Copyright 2019 EnergyChoiceMatters.com.
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
During an update on recent ERCOT scarcity conditions provided at today's Texas PUC open meeting, ERCOT CEO Bill Magness said that ERCOT has not seen any defaults so far this summer
"I don't have anything to tell you about credit at this point. We saw no defaults, didn't have some of the issues we saw law summer. I think the changes that we made in the collateral and the credit market have sort of baked in and people were prepared for that, so that was good news, at least so far this summer," Magness said
You can follow specific tags with a free account and see their newest stories in one place. Sign up or sign in.
Copyright 2019 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com.
