Monthly Wholesale Electricity Prices and Demand in New England, August 2020
October 09, 2020
October 09, 2020
HOLYOKE, Massachusetts, Oct. 9 -- ISO New England issued the following news release:
Wholesale power prices averaged $23.87 per megawatt-hour (MWh)/* in the Real-Time Energy Market in August 2020, up 1.2% compared to the previous year. Day-Ahead Energy Market averages fell to $23.79/MWh, a 7.4% decline from August 2019.
Drivers of wholesale electricity prices
In general, the two main drivers of wholesale electricity prices in New England are the cost of fue . . .
Wholesale power prices averaged $23.87 per megawatt-hour (MWh)/* in the Real-Time Energy Market in August 2020, up 1.2% compared to the previous year. Day-Ahead Energy Market averages fell to $23.79/MWh, a 7.4% decline from August 2019.
Drivers of wholesale electricity prices
In general, the two main drivers of wholesale electricity prices in New England are the cost of fue . . .