Doug Mathes, president of Power Energy, was recently quoted in S&P Global’s article entitled, “Outlook 2019: ERCOT likely to face another summer with low reserve margin.” Doug had this to say on the topic of energy pricing for the coming year:
“The risk of prices settling higher exists due to reserve margin expectations being lower for this coming year, but we are not sold on the fact we will see overall higher prices when looking at the averages.”