TOP 5 WAYS TO MANAGE YOUR ERCOT BOOK DURING "BLACK SWAN" EVENTS
With the recent ERCOT extreme weather this February, there are things you can do to mitigate your risk exposure during these “Black Swan” events. With DA/RT pricing hitting the $9,000/Mwh cap you want to have all the appropriate tools at your disposal to accurately manage your risk. In many cases Supply Mangers forget about Winters because most focus is usually drawn toward August but as we have seen in certain conditions in Winter, low temps can affect generation and cause widespread price volatility in the market.
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