Weekly Price Recap: 11/3-11/9
Griddy members had a solid week last week paying only 9.3¢/kWhs. the Texas average of 11.6c/kWh, which is 25% higher!
We had 6 price spikes this week, each lasting only 5-10minutes. Most of these were due to volatile wind generation combined with gas-fired plants ramping down for the evening. However, there were a couple spikes on Tuesday and Wednesday that came when two different plants unexpectedly tripped, leaving the grid briefly undersupplied.