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June 24, 2024
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FERC: Markets Stable in 2023; Gas Continues to Dominate Mix
Electricity Prices Decreased; Net Gain in Capacity
The state of play for the wholesale electricity markets in the U.S. The WEIS, WEIM and SEEM have filled the historically "blank" regions of the country.
The state of play for the wholesale electricity markets in the U.S. The WEIS, WEIM and SEEM have filled the historically "blank" regions of the country. | FERC, via Hitachi ABB Power Grids Velocity Suite
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2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
Battery Electric StorageCapacity MarketEnergy MarketNatural GasResource AdequacyUtility-scale Solar