MISO, West region at highest risk High power prices expected in ERCOT Eastern ISOs forecast sufficient capacity The Midcontinent System Operator and Western US are at risk of energy emergencies this summer, the Electric Reliability Council of Texas said it has sufficient reserve margins to meet demand, but power price spikes are possible, while the Eastern US power market operators are better positioned from a reliability perspective.
There are sharp forward power price increases across the board in the US compared with where the markets settled last summer, Morris Greenberg, senior manager of North American Power Analytics at S&P Global Commodity Insights, said during a June 1 summer power outlook webinar. PJM Interconnection West Hub power prices for July and August have recently traded in the $150/MWh range, compared with just under $50/MWh last […]