Texas energy consumers were hit hard on Tuesday, August 13, 2019, when high electricity demand, low supply and depleted reserve margins caused power prices across the state to spike to the $9,000 per megawatt-hour price cap. And power customers aren’t in the clear from future hot days creating unfavorable market conditions. To see the big picture, you need to understand the nuances of the Texas energy market.

In May 2019, Maryland passed the Clean Energy Jobs Act (CEJA), a law that will require the state’s homeowners, business owners and corporations alike to procure at least half of the state’s electricity supply from renewable sources. 

As data and energy usage grows, it is paramount for data centers to have a well-defined and executable energy management strategy.

It’s tempting to treat past trends like a crystal ball. What we learn by comparing different markets, however, is equally valuable. Find out more about what to expect from NYISO, PJM ComEd and index markets this summer.