Monthly wholesale electricity prices and demand in New England, March 2024
Energy market prices fell year over year.
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wholesale prices
Winter 2023/2024 recap: Warm weather, low peak demand contribute to lowest wholesale electricity prices in four years
The region saw its lowest winter peak demand since 1986/1987.
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Monthly wholesale electricity prices and demand in New England, February 2024
Prices were down in both the Day-Ahead and Real-Time energy markets in February.
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Monthly wholesale electricity prices and demand in New England, January 2024
Higher demand and rising natural gas prices drove an increase in wholesale electricity prices in January.
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Market monitor: New England wholesale electricity market costs down 43% in fall 2023
The cost per megawatt-hour of load served was $49 in fall 2023, compared to $89 for the previous year.
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Monthly wholesale electricity prices and demand in New England, December 2023
December 2023 saw New England's demand for grid electricity fall by about 4% year over year, due in part to warmer temperatures.
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Monthly wholesale electricity prices and demand in New England, November 2023
Wholesale electricity prices remained lower in November 2023 compared to the previous year.
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Market monitor: Summer 2023 wholesale electricity costs drop 60%
Energy costs were down 64% from last summer, and capacity costs were down 39%.
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Summer 2023 recap: Grid reliability maintained through wildfires and a late season peak
For the first time in decades, the region saw its annual peak occur outside the summer months of June, July, and August.
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Monthly wholesale electricity prices and demand in New England, July 2023
Energy usage during July decreased slightly year over year.
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