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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wholesale prices
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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Wholesale electricity market costs fell in spring 2023, market monitor’s report says
Lower natural gas prices led to a 57% reduction in energy market costs in New England compared to the previous year.
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Monthly wholesale electricity prices and demand in New England, June 2023
The average natural gas price, a key driver of wholesale electricity prices, was down 64% compared to June 2022.
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Internal Market Monitor’s 2022 annual report notes record prices and changing landscape
Record energy prices defined the energy market in 2022, according to the latest annual report by ISO New England’s Internal Market Monitor (IMM).
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Monthly wholesale electricity prices and demand in New England, May 2023
Wholesale power prices fell for the third straight month in May.
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Winter wholesale power prices fell year over year in New England, market monitor’s report says
The total estimated wholesale market cost of electricity for winter 2023 was nearly $1 billion less than the previous winter.
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Monthly wholesale electricity prices and demand in New England, April 2023
Wholesale power prices fell year over year in April as natural gas prices continued to drop.
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Monthly wholesale electricity prices and demand in New England, March 2023
Lower natural gas prices drove year-over-year declines in wholesale power prices in March.
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