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ERCOT Market Report

ERCOT is undergoing a rapid energy transition, with an enormous surge in renewable generation and storage. This transformation of the power supply will bring a variety of changes to the market dynamics in ERCOT, with changing critical system conditions, price volatility, and geospatial patterns. Incoming renewables drive a growing need for flexibility, while load growth also drives a growing need for capacity overall. This report discusses Ascend's outlook on the ERCOT power market as this transition plays out.