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Heading into summer, California power forwards soar, ERCOT reserve margin narrows

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Listen: Heading into summer, California power forwards soar, ERCOT reserve margin narrows

Last summer, ERCOT saw record power demand, while California power prices reached an all-time high. With another summer coming up, S&P Global Platts senior pricing specialists Kassia Micek, Kelli Ainsworth and Jeff Zhou discuss ISO summer load and resource expectations and July and August forward prices.