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
Winter 2012-’13: A sign of things to come in the Northeast?
This winter: Deep Panuke and Spectra pipeline loosen Northeast markets