Frequent Negative Power Prices in the West Region of Ercot Result from Wasteful Renewable Power Subsidies

Michael Giberson What is with all of the negative power prices in the West region of ERCOT? In the first half of 2008, prices were below zero nearly 20 percent of the time. During March, when negative prices were most frequent, prices were below zero about 33 percent of the time. After mostly taking the …

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