natural gas prices
SPP’s Board of Directors approved the RTO’s fourth competitive transmission project, awarding a $55 million, 345-kV facility to NextEra Energy Transmission.
Rising natural gas prices and extreme weather pushed wholesale electricity prices higher in 2021, FERC said in its annual State of the Markets report.
A CAISO market report says high natural gas prices drove a 50% run-up in electricity costs in Q4 2021, hitting the Western Energy Imbalance Market as well.
The CPUC is worried about customers after approving back-to-back $1 billion cost increases for PG&E and substantial rate hikes for the state’s other big IOUs.
NYISO's annual sectoral meetings have been pushed back to mid-April to allow them to proceed in person as much as possible, CEO Rich Dewey told the MC.
SPP’s MMU is “strongly” recommending that TCRs' funding shortfall be considered a high-priority item, according to its latest quarterly market reports.
ISO-NE stakeholders approved tariff changes that incorporate a new transmission planning process focused beyond the RTO’s current 10-year planning horizon.
PJM’s energy prices continued to rise into the third quarter of 2021, the Independent Market Monitor reported, but they also remained competitive.
Eversource warned that customers will likely see a spike in their bills this winter compared to last year’s, as natural gas prices surge nationwide.
New York officials forecast that utilities will have sufficient electric and natural gas capacity for the coming winter, though bills will likely be higher.
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