I link electricity demand / prices for New England, California (demand, price), and Australia at my "Data Links" page.
Generally, it appears in the US, one can expect (today) about $20 - $50/MWh spot electricity.
A reader watching the Australian situation writes (just a few minutes ago):
I've been keeping an eye on the Australia electricity situation as a "canary in the coal mine" scenario with their advanced adoption of sun/wind generation.
Well, in a few hours, as per the AEMO website, spot electricity will cost $14,000 MWh for the entire afternoon in Victoria and South Australia.
In addition, Level 2 notice was sent out by the AEMO asking (begging?) for restricted consumption and every available generating source to fire up.
The weather today is to be hot - 94 degrees - and cloudy.
Final note ... future contracts for summer quarter for SA and Vic are $173 and $149 per MWh.
That is no exaggeration. Look at these two screen shots: one for South Australia and one for Victoria. Right now, in South Australia, the spot price is $188/MWh and in a few hours the spot price will be $13,000/MWh:There is no way a modern society can function at those prices.
I thought Elon Musk has solved that problem by placing the world's largest battery in South Australia. He won the bet by getting the battery built; he didn't say anything about solving the energy problem for South Australia.
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Natural Gas
Meanwhile, a reader provided this map -- it's going to be cold over most of the US next week. We'll see how natural gas holds up.
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