Monday, May 9, 2022

ISO NE Just Crossed Over To 7th Decile -- May 9, 2022

Link here.

  • Monday morning, 5:20 a.m. ET
  • early morning; could be an expensive day
  • demand remains very moderate: 11,627
  • renewables drop to 9%; wind, 32% of that 9%
  • but look at this: hydro is now at 18%
  • but apparently, natural gas is the marginal fuel, not hydro
  • both natural gas and hydro are moving higher in demand
  • Connecticut: $162 / MWh
  • "everywhere": > $159 (with minor exceptions at $158)

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