Perhaps the defining characteristic of this past January that was consistently observed across the entire country was significant cold snap that showed up in the early-to-mid month. In much of the country the drop in temperatures produced significant effects on the power and natural gas markets. The weather-driven spike in demand in January combined with renewable patterns that have been in place for several months now to produce meaningful effects on the grid.
Figure 1 | ERCOT Average Hourly Wind and Solar Generation by Month
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