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September 26, 2022
ISO-NE electric markets gas prices LMP

ISO-NE Market Falls in 2016; LMPs, Gas Prices Lowest on Record

Feb 27, 2017
Rich Heidorn Jr.
ISO-NE / Energy Market
ISO-NE’s wholesale electric market totaled $4.1 billion in 2016, down 30% from 2015, thanks to low natural gas prices and mild weather that cut demand and eliminated pipeline congestion and resulting price spikes. LMPs averaged $28.94/MWh last year, down from $41/MWh, while natural gas — which produced 49% of the...

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