NYISO locational-based marginal prices (LBMPs) have averaged $36.35/MWh for the year through July, a 12% increase from a year earlier.

A mid-July heat wave failed to drastically alter the MISO monthly average load and energy price.

Rising natural gas prices will likely mean an end to ERCOT’s all-time low energy prices, according to the Independent Market Monitor.

FirstEnergy CEO Chuck Jones said that he thinks the “country is heading for a disaster” because of its over-reliance on natural gas for generating power.

NYISO reported that locational-based marginal prices for June averaged $31.76/MWh, nearly unchanged from May.

MISO staff and the Independent Market Monitor agreed that the surge in MISO South outages are troubling and should be addressed.

At the NYISO Management Committee, the RTO said that it declared a major emergency on May 21 after the loss of 1,000 MW of generation in ISO-NE.

The warmest winter on record, plus increased pipeline capacity, led to record-low natural gas prices, FERC said in its annual State of the Markets Report.

A spike in natural gas prices pushed LMPs up in both NYISO and ISO-NE in March, though analysts say the rise may be short-lived.

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.