ERCOT ancillary-service revenue plunged as batteries and bitcoin mining helped stabilize nodal power prices, says Javier Hermosa. ECRS and other demand-response pay fell from about $100,000/MW in 2023 to $13,000 in 2025.
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ERCOT ancillary-service revenue plunged as batteries and bitcoin mining helped stabilize nodal power prices, says Javier Hermosa. ECRS and other demand-response pay fell from about $100,000/MW in 2023 to $13,000 in 2025.
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