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November 22, 2024
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CAISO Reports High Energy Prices in Q4
Western Energy Imbalance Market Affected; Renewables up
Energy prices in Q4 2021 were 50% higher than Q4 2020.
Energy prices in Q4 2021 were 50% higher than Q4 2020. | CAISO
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A CAISO market report says high natural gas prices drove a 50% run-up in electricity costs in Q4 2021, hitting the Western Energy Imbalance Market as well.
Energy MarketNatural GasWestern Energy Imbalance Market (WEIM)