Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Get Started with ENGIE

ENGIE Resources is ready to analyze your historical electricity usage data and present appropriate options. Request now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

ERCOT Reacts to Polar Vortex

February 22, 2021

With forecasts of a record-setting storm approaching Texas, buyers and brokers in ERCOT showed a 99% interest in fixed price solutions for the week preceding President’s Day. They maintained that form in the week of the storm with only a 2% interest in flex/index products. These were record-setting weeks for the Risk Appetite Report as we have never seen a market with such overwhelming interest in fixed prices.

 

Risk Appetite Report 2/15/21 – 2/19/21

Risk Appetite Report

The risk appetite gauges above reflect the mix of fixed, flex, and index volume that was priced on behalf of customer requests in the period. The total annual MWh priced represents 80,829,544 for customers with peak demand above 750 KWh.