Disappearing Act for ERCOT Risk

October 28, 2019

Buyers in ERCOT did an about face this week as they took a dramatic risk-off approach to commodity buying. The drop from a 22% to 7% ratio of index/flex to fixed pricing requests is a significant week-over-week shift.

There was a slight increase in NEPOOL, a slight decrease in NYISO, and a moderate decrease in index and or flex type products in PJM.

Risk Appetite Report 10/22/19 – 10/28/19

 

The risk appetite gauges above reflect the mix of fixed, flex and index volume that were priced on behalf of customer requests in the period. Total annual MWh priced represents 198,555,215 for customers with peak demand above 750 KWh.