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Prices were up year over year in both the day-ahead and real-time markets, driven primarily by higher demand.
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Prices were up in both the day-ahead and real-time energy markets in January.
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The quarterly report identifies increased carbon emissions costs and supply limitations as key drivers.
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New England’s electricity use was up 7% year-over-year in December.
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Electricity use was down slightly year-over-year in November 2024.
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Increased demand and emissions costs drove wholesale prices up despite lower natural gas costs.
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Consumer demand for electricity peaked at 24,816 megawatts on July 16 between 5 and 6 p.m., when the regional average temperature was 91°F.
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Prices were up in both the day-ahead real-time markets in August.
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Prices were up in both the day-ahead and real-time markets in July.
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Natural gas prices have been dropping since early 2023, yielding lower energy costs.
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