Cheaper fuel ‘drove down’ MISO power prices this summer: monitor

Platts

Significantly less expensive fuel outweighed this summer’s heavier average loads in the Midcontinent Independent System Operator footprint to keep real-time power prices substantially below last summer’s prices, a MISO panel heard Wednesday.
David Patton, president of Potomac Economics, MISO’s independent market monitor, told the Markets Committee of the MISO Board of Directors Wednesday that real-time energy prices averaged $28.78/MWh in …

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