January 18th – ERCOT issued an Operational Condition Notice (“OCN”) for the predicted cold weather event for the ERCOT Region for Thursday, January 20, 2022, through Friday, January 21, 2022. For comparison, the chart below shows the actual load for January 20 through January 22, compared with the load forecast for this Thursday through Saturday:
January 2022 vs Winter Storm Uri
The tables below provide a summary of realized temperatures and settled LMP prices in comparison to the three most severe days of Uri:
