A series of slides showing the trend of persistently low wholesale power prices since 2008, the impact of low natural gas prices on the ERCOT wholesale power market, and the impact of increasing renewable generation creating more instances of negative wholesale power prices in the market.
In 2008, average annual wholesale power prices in ERCOT were more than $63 per megawatt hour. In the first quarter of 2015, wholesale power prices averaged $26 per megawatt hour and they were about $17 per megawatt hour in the first quarter of this year. Power prices are at their lowest averages since 2002. The […]
A one-page document answering our neighbors’ questions concerning how Luminant values its power plant assets for property tax purposes and what those valuations mean.
The linked release provides information concerning Luminant’s entry into a definitive agreement to acquire NextEra’s La Frontera portfolio generating assets in the competitive ERCOT market, furthering its commitment to powering Texas and serving its customers.
Luminant’s announcement of a power purchase agreement for 116 megawatts of solar power from SunEdison’s West Texas solar facility.