ISO New England: Monthly Wholesale Electricity Prices and Demand in New England, July 2020
August 26, 2020
August 26, 2020
HOLYOKE, Massachusetts, Aug. 26 -- ISO New England issued the following news release:
Wholesale power prices averaged $22.47 per megawatt-hour (MWh)/* in the Real-Time Energy Market in July 2020, down 23% compared to the previous year. Day-Ahead Energy Market averages fell to $23.78/MWh, a 20.1% decline from July 2019.
Drivers of wholesale electricity prices
In general, the two main drivers of wholesale electricity prices in New England are the cost of fuel . . .
Wholesale power prices averaged $22.47 per megawatt-hour (MWh)/* in the Real-Time Energy Market in July 2020, down 23% compared to the previous year. Day-Ahead Energy Market averages fell to $23.78/MWh, a 20.1% decline from July 2019.
Drivers of wholesale electricity prices
In general, the two main drivers of wholesale electricity prices in New England are the cost of fuel . . .