Author: Jeffrey Ryser
Houston — April, May and June of 2020 will likely stand for some time as the landmark for depressed quarterly wholesale power sales, according to data filed with the Federal Energy Regulatory Commission and compiled by S&P Global Platts.
The brunt of the coronavirus pandemic and attendant stay-at-home policies hit power demand hard in the second quarter of 2020, with sales of wholesale power off 4.5% compared with the same period last year, and totaling 1.27 billion MWh. In Q2 2019, wholesale power sales totaled …