Monthly wholesale electricity prices and demand in New England, August 2023
Total electricity use was down 14% compared to August 2022.
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Total electricity use was down 14% compared to August 2022.
Read MoreEnergy usage during July decreased slightly year over year.
Read MoreWhile the probability remains low, the increase compared to winter 2027 reflects the impact of expected generation retirement coupled with a forecasted increase in demand.
Read MoreThe average natural gas price, a key driver of wholesale electricity prices, was down 64% compared to June 2022.
Read MoreThere was sufficient generation available to meet consumer demand for electricity throughout the event.
Read MoreThe New England states have joined with New York and New Jersey to propose a partnership to enhance grid reliability and aid the integration of offshore wind.
Read MoreWholesale power prices fell for the third straight month in May.
Read MoreDespite complications in forecasting, ISO New England continues to manage the regional grid under normal operating conditions.
Read MoreThe ISO has procedures in place to deal with tight system conditions.
Read MoreWholesale power prices fell year over year in April as natural gas prices continued to drop.
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