Deeksha Anand

ERCOT: How did power prices evolve in 2024? - Research | Modo Energy From 2023 to 2024, Energy prices in ERCOT almost halved, decreasing by nearly 50% in the Real-Time and Day-Ahead Markets.

Full breakdown 👉 modoenergy.com/research/erc...

24.02.2025 22:51 — 👍 0    🔁 0    💬 0    📌 0

ERCOT power prices in 2024 weren’t as dramatic as years past—unless you were watching closely.

• Prices nearly halved from 2023
• Arbitrage spreads shrunk 61%
• But congestion & nodal spreads created hidden opportunities

For storage operators, the game changed.

24.02.2025 22:51 — 👍 0    🔁 0    💬 1    📌 0

Thanks!

24.02.2025 22:44 — 👍 0    🔁 0    💬 0    📌 0

I'd like to be added please - thanks

24.02.2025 22:12 — 👍 0    🔁 0    💬 1    📌 0