Falling natural gas prices tamped down annual U.S. wholesale power prices over the last decade by $7/MWh to $53/MWh—to a much higher degree compared to the impact of wind and solar growth—a new report from Lawrence Berkeley National Lab (LBNL)…
Category: Electricity
PJM power prices lowest since energy market created, market challenges persist: monitor
New York — PJM Interconnection’s inflation adjusted load weighted real-time energy prices were lower in the first nine months of 2019 than in the corresponding period of any year since PJM’s energy market was created in 1999, the independent market…