Insight

Demystifying Power Prices - A Three Part Outlook

This report is currently unavailable

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

23 January 2013

Demystifying Power Prices - A Three Part Outlook

Report summary

This insight focuses on regional power price drivers and outlook, highlighting the increasing relevance of a three-part power price forecast, recently introduced by Wood Mackenzie in contrast to a traditional two-part forecast.

Table of contents

  • Summary
    • Energy Price Outlook and Implied Heat Rates
      • Eastern Interconnect and ERCOT
      • Western Interconnect
      • Scarcity "Risk"
      • Capacity Markets
        • New England Forward Capacity Market (FCM)
        • MISO Resource Adequacy Requirement (RAR)
        • PJM Reliability Pricing Model (RPM)
        • NYISO Installed Capacity Requirement (ICR)
    • The Economics of Gas
    • Overall pricing levels expected to vary significantly across markets
    • Power price drivers continue to vary across markets
    • Continued evolution of power markets complicates price forecasting

Tables and charts

This report includes 7 images and tables including:

  • Figure 1 Three-Part Price Forecast by component
  • Figure 7: Three-Part Price Contribution to Average 2015 Spark Spread for Selected Markets
  • Figure 2: Power Prices and Heat Rates - East and ERCOT
  • Figure 3 Power Prices and Heat Rates - WECC
  • Demystifying Power Prices - A Three Part Outlook: Table 1
  • Figure 5 Capacity Price Forecast for Select Zones
  • Figure 6: Overall pricing levels as a percentage of cost of building new gas plants

What's included

This report contains:

  • Document

    Demystifying Power Prices - A Three Part Outlook

    PDF 627.27 KB

Other reports you may be interested in

Browse reports by Industry Sector