For some users, cheap electricity in high-priced New York This will shock every New Yorker fed up with high electricity prices: there’s a class of electric customers in the Empire State that has sharply lowered its costs to below national averages, thanks to effective lobbying and sympathetic state policy. Industrial power users, mostly upstate, pay … Continue reading For some users, cheap electricity in high-priced New York #NYC
NE spot power advances as cool weather stokes demand New England spot wholesale electricity prices advanced as cooler weather stoked heating demand and Entergy Corp. shut a nuclear reactor. Entergy shut its Pilgrim nuclear plant near Plymouth, Massachusetts, with nameplate capacity of 670 megawatts, for planned refueling. New England consumers were using 14,879 megawatts at … Continue reading NE spot power advances as cool weather stokes demand
Texas wind power surge means negative prices Houston, 20 April (Argus) — Increasing wind power penetration in Texas brought the return of negative real-time power prices during low-load hours in March as the state extends its lead in wind generation. The Electric Reliability Council of Texas (ERCOT) said wind output on the evening of 19 … Continue reading Texas wind power surge means negative prices
Report: ISO-NE winter power prices down by nearly half this year Power prices in New England were significantly cheaper this past winter, and Platts notes that it’s at least partly due to the ISO’s reliability program, which worked to ensure sufficient fuel diversity and supplies on hand. The grid operator developed a reliability program last … Continue reading Report: ISO-NE winter power prices down by nearly half this year
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