New England's Wholesale Energy Market Reaches Historic Low in 2019
March 18, 2020
March 18, 2020
HOLYOKE, Massachusetts, March 18 -- ISO New England issued the following news release:
Historically low demand for grid electricity last year, combined with near-record-low wholesale electricity prices, led to New England's lowest wholesale electric energy market value since the current market structure was implemented in 2003.
The preliminary total market value in energy transactions was $4.10 billion in 2019, slightly less than former record low of $4.13 billion . . .
Historically low demand for grid electricity last year, combined with near-record-low wholesale electricity prices, led to New England's lowest wholesale electric energy market value since the current market structure was implemented in 2003.
The preliminary total market value in energy transactions was $4.10 billion in 2019, slightly less than former record low of $4.13 billion . . .