ICF
Pat Milligan is Senior Manager, Energy Power Markets at ICF.
For much of the U.S., it has been a long, hot summer. At the end of July, ERCOT and PJM issued heat alerts, which were followed closely by many in the energy and utilities industry, including the energy markets teams at ICF.
One of ICF's specialties is determining what such actions mean, if that heat was in original projections, and what actions system operators/utilities can take when heat advisories are issued. At that time, it seemed the heat would be manageable, and it is always reassuring when precautions are taken to avoid issues.
Public Utilities Fortnightly here takes a closer look at what is going on in ERCOT with an expert on all major markets in North America, ICF Senior Manager Pat Milligan. There is a lot to learn.
PUF's Steve Mitnick: You've been doing research on the ERCOT market, in particular price trends, what's been happening in the last few years and going forward. Give headlines from this work.