Entries in monthly prices (35)

Friday
Jun282019

Monthly wholesale electricity prices and demand in New England, May 2019

Real-time prices fell in May to 7th lowest monthly average

Average wholesale power prices in May 2019 were down 4.2% in the Real-Time Energy Market when compared to the previous year, falling to $22.89 per megawatt-hour (MWh)*- the seventh-lowest average since March 2003. Prices were up slightly, 0.7%, in the Day-Ahead Energy Market when compared to May 2019, averaging $24.21/MWh.

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Thursday
May302019

Monthly wholesale electricity prices and demand in New England, April 2019

Day-ahead and real-time prices down significantly in April

Lower natural gas prices and consumer demand for electricity led to average wholesale power prices in April 2019 that were down 40.1% in the Day-Ahead Energy Market and down 38.2% in the Real-Time Energy Market when compared to the previous year. The day-ahead energy price was $26.97 per megawatt-hour (MWh)* and the real-time energy price was $26.80/MWh in April.

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Friday
Apr262019

Monthly wholesale electricity prices and demand in New England, March 2019

Day-ahead and real-time prices up in March

Average wholesale power prices in March 2019 were up 7.6% in the Day-Ahead Energy Market and up 12.3% in the Real-Time Energy Market when compared to the previous year. The day-ahead energy price was $38.07 per megawatt-hour (MWh)* and the real-time energy price was $36.92/MWh in March.

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Wednesday
Mar272019

Monthly wholesale electricity prices and demand in New England, February 2019

Day-ahead prices down in February, real-time prices flat

Average wholesale power prices in February 2019 were down 10% in the Day-Ahead Energy Market and flat in the Real-Time Energy Market when compared to the previous year. The day-ahead energy price was $35.62 per megawatt-hour (MWh)* and the real-time energy price was $36.92/MWh in February.

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Tuesday
Feb262019

Monthly wholesale electricity prices and demand in New England, January 2019

Wholesale power and natural gas prices fell in January

With no extended, extreme cold weather in January 2019, natural gas prices fell by more than half compared to the January 2018 price, which was driven up by a week of extreme cold. The drop in natural gas prices during January this year, as well as lower demand for electricity, pulled the average wholesale power price for the month down by 48% in the Day-Ahead Energy Market and 52% in the Real-Time Energy Market when compared to the previous year. The day-ahead energy price was $56.76 per megawatt-hour (MWh)* and the real-time energy price was $51.50/MWh in January.

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Thursday
Jan242019

Monthly wholesale electricity prices and demand in New England, December 2018

Wholesale power and natural gas prices fell in December

Natural gas prices fell by nearly half in December, pulling the average wholesale power price for the month down by 34% in the Day-Ahead Energy Market and 48% in the Real-Time Energy Market when compared to the previous year. The day-ahead energy price was $47.31 per megawatt-hour (MWh)* and the real-time energy price was $41.86/MWh in December.

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