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Calpine exec says ERCOT power market ‘balanced on a razor’s edge’

Calpine exec says ERCOT power market ‘balanced on a razor’s edge’ The Electric Reliability Council of Texas wholesale power market is “balanced on a razor’s edge” as the region’s “economic reserve margin” slides to near 10%, Steven Pruett, Calpine’s chief commercial officer, said Friday. During Calpine’s fourth-quarter 2014 earnings call with analysts, Pruett said the … Continue reading Calpine exec says ERCOT power market ‘balanced on a razor’s edge’