Keep Pace with the Transforming Energy Market

Return to blog
John Higgins has nearly three decades of experience in the energy industry, helping clients analyze complex issues involving competitive energy markets, market rule and tariff design, and the operation of energy assets. He has significant experience providing energy market advisory services focused on market assessment and price forecasting services, as well as market consultant reports, valuations, and dispatch studies in support of energy asset transactions. John also represents clients in regional ISO/RTO stakeholder processes, providing advisory services on proposed changes to market rules and anticipated impacts on client assets. He has recently supported several acquisitions, sales, and equity investments in gas and wind resources in ERCOT.

Since the start of the year, the Texas power market has been heating up.  In January, there were signs that this year was going to be different when energy prices in the Electric Reliability Council of Texas (ERCOT) cleared $1,000 per megawatt hour (MWh) and, for a few brief periods, were as high as the $9,000 per MWh price cap. The increasing prices are a welcome sign for many Texas power generators, which have suffered through a bear market for the past three years with the average energy price from 2015 through 2017 of just $23 per MWh.

Read more