Monday, January 28, 2019

ISO New England Spikes To Nearly $200/MWh -- January 28, 2019

Polar vortex yet to come. Winter Storm Jayden across the Midwest.

ISO New England:
  • spiked to nearly $200/MWh
  • hydroelectricity saved the day

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No Good Deed Goes Unpunished

The country that has probably sacrificed the most to combat AGW? Australia.

As part of that sacrifice, their electricity rates will spike to $14,500/MWh today.

Currently at $110/MWh and that's about as good as it's going to get today for Australia before it spikes to $14,500/MWh this afternoon.