natural gas prices
CAISO wholesale prices jumped 25% last year on higher natural gas costs stemming from tight supplies in Southern California.
NYISO power prices averaged $35/MWh in April, up from $29.91/MWh in March and $31.06/MWh the same month a year ago.
SPP’s winter real-time prices increased 4.6% from the previous year, according to the Market Monitoring Unit’s latest quarterly State of the Market report.
MISO easily managed what turned out to be a “near-normal” March, the RTO said Tuesday.
As they have in the past four years, the trends in natural gas dominated the discussion of FERC’s annual State of the Markets report.
NYISO power prices averaged $29.91/MWh in March, down from $33.83 in February, and $34.97 the same month a year ago.
ISO-NE power prices last year climbed from record lows, but they didn't recover by much after cheap natural gas and declining demand left them at the second-lowest level on record .
CAISO defended its deployment of gas price adders that have been activated frequently in the face of cold weather, wildfires and concerns about pipeline outages.
NYISO power prices surged to an average of $99.55/MWh in January, up 89% from December and 148% from the same month a year ago.
Soaring natural gas prices, customer satisfaction and credit requirements were all on the agenda during a meeting of NYISO’s Management Committee.
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