Headroom has shifted since POTED PTC was last reported on July 31, 2018, with the 1 month term dropping 16.4% and the 3 month term decreasing 2.9%. Headroom is likely available at all the 1, 3, 6, 9, and 12 month terms.

Price movements in ERCOT were mixed, with near terms trending down while terms further out on the curve trending up. For the Houston zone, the 12 Month ATC strip fell $0.23 (0.7%) to $33.79. The 24 Month ATC strip remained flat, giving up only $0.01 (<0.5%) to end up at $35.27. The Cal 2019 ATC strip increased $0.19 (0.5%) to $37.93/MWh.

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