Insight
Northeast Power Prices
This report is currently unavailable
Report summary
The peak winter months of 2012/2013 saw average power prices range from $20/MWh to $120/MWh. While vast parts of North America were on the lower range of $25 - $40/MWh, the northeast specifically southeastern New York and all of New England experienced prices that averaged $80 - $120/MWh. While the driving force behind these high prices was natural gas market dynamics, the implications for power markets specifically New England are significant and will ultimately mean both higher energy...
Table of contents
- Executive Summary
- Winter 2012-’13: A sign of things to come in the Northeast?
- This winter: Deep Panuke and Spectra pipeline loosen Northeast markets
-
Medium term: Markets tighten, AIM project provides temporary relief
- Probable fundamental changes
- Power Market Restructuring: Short, Medium and Long term changes
- Further upside risk: Brayton Point retirement
- Downside risk: Oil and LNG prices?
-
Long term: Major pipeline capacity assumed
- Implications for Power Prices
- Key uncertainties and further analysis
Tables and charts
This report includes 7 images and tables including:
- Chart 1 Average Round-the-Clock Power Prices ($/MWh) in Feb 2013
- Chart 2. New England pipeline utilization and basis
- Chart 3. Recent winter weather distributions and constraint thresholds
- Chart 4. Basis outlook: Average day versus monthly average of daily basis
- Chart 5. New England and New York basis outlook
- Chart 6. New England and New York price outlook (February on-peak prices)
- Chart 7. New England 2014/2015 winter price breakdown
What's included
This report contains:
Other reports you may be interested in
07 February 2019
Did extreme winter weather move the needle?: Northeast Power and Renewables short term outlook January 2019
Commodity Market Report
Did extreme winter weather move the needle?: Northeast Power and Renewables short term outlook January 2019
While this year's polar vortex ripped through much of the power grid, aggregate YTD power demand loads are still down.
$2,00005 March 2019
Little uplift from recent weather: Northeast power and renewables short term outlook February 2019
Commodity Market Report
Little uplift from recent weather: Northeast power and renewables short term outlook February 2019
Despite the polar vortex at the end of January, Eastern power markets did not show much lift in February.
$2,00009 July 2018
Northeast power markets short-term outlook June 2018
Commodity Market Report
Northeast power markets short-term outlook June 2018
Loads in ERCOT have been recording strong gains this year, and have been approximately 5 GWa higher in and May 4.5 GWa higher in June.
$2,000
Trusted by leading organisations
