ISO New England: Monthly Wholesale Electricity Prices and Demand in New England, March 2020
April 30, 2020
April 30, 2020
HOLYOKE, Massachusetts, April 30 -- ISO New England issued the following news release:
Mild weather, low fuel prices, and a drop in consumer demand for electricity due to the COVID-19 pandemic contributed to real-time wholesale power prices in March 2020 being the lowest of any month since the launch of the current market structure in March 2003.
Average prices were down 54.4% in the Real-Time Energy Market when compared to the previous year, falling to $16.82 per megaw . . .
Mild weather, low fuel prices, and a drop in consumer demand for electricity due to the COVID-19 pandemic contributed to real-time wholesale power prices in March 2020 being the lowest of any month since the launch of the current market structure in March 2003.
Average prices were down 54.4% in the Real-Time Energy Market when compared to the previous year, falling to $16.82 per megaw . . .