Tag: Wholesale Prices
US news brief July 24: House passes bill to speed up natural gas pipeline permits
Also in news brief: American Midstream sells propane business for $170 million, US House moves to streamline permitting process of natural gas pipelines As the California power grid adapts to increased solar electricity production, wholesale power prices are rising in the morning and evening hours, according to the US Energy Information Administration. The higher hourly prices in […]
US wholesale power prices fell in 2016, reflecting lower natural gas prices
Natural gas was primary source of US electricity generation in 2016 for first time Average wholesale electricity prices at major trading hubs across the United States during the first quarter of 2016 were significantly lower than during the same period in 2015, ranging from 24 per cent lower in California to 64 per cent lower in New […]
Mexico electricity market reforms try to reduce costs, develop new capacity
Mexico heavily subsidizes retail electricity rates, customers pay half of actual cost of producing power Mexico is in the process of reforming much of its electricity industry and earlier this opened up day-ahead and real-time trading in a new wholesale power market, according to the US Energy Information Administration. Although wholesale prices briefly spiked for […]
Mild weather, ample natural gas supply curb Northeast winter power, gas prices
After mild winter, lower-than-normal storage withdrawals, natural gas in storage as of March 25 totaled 2,468 Bcf, 68% higher than last year Wholesale natural gas and power prices in the Northeast United States remained relatively low this winter, absent the large spikes that have occurred during recent winters, according to US Energy Information Administration. A […]
Wholesale electricity prices drop across the US in 2015
Coal accounted for most generator retirements, more than 11,000 MW of capacity through Oct. 2015 National wholesale electricity prices at major trading hubs on a monthly average basis for on-peak hours were down 27 to 37 per cent in 2015 compared with 2014, driven largely by lower natural gas prices, according to the US Energy Information […]
Connect
Connect with us on the following social media platforms.