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.


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2 comments:

  1. Dennis SandberfgJanuary 28, 2019 at 11:19 PM

    top two graphs contradict. same time and date, different scale. One on left indicates prices 2 or 3 times higher than on right....I'm missing something///help.

    ReplyDelete
    Replies
    1. Bruce OksolJanuary 29, 2019 at 5:54 AM

      The screenshot cut off the heading of the graphs. At the link one will see that the left graph is LMP and the right is the Reserve Prices Graph. It has to do with how the utilities try to "even" out prices, manage the grid.

      One link that explains some/most of it:

      https://www.aepenergy.com/2018/01/05/december-2017-edition/

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