November 21, 2024
Lower Energy Prices, Load for MISO in January
Mild temperatures and inexpensive natural gas resulted in a slight load decrease and lower energy prices in MISO in January.

CARMEL, Ind. — Mild temperatures and inexpensive natural gas resulted in a slight load decrease and lower energy prices in MISO in January.

Average load was 76.2 GW, a 0.7-GW decrease over December. LMPs averaged under $30/MWh systemwide, a 7.6% decrease from December, with real-time prices of $28.04/MWh and day-ahead prices of $28.69/MWh. The average January gas price was $3.28/MMBtu, a decrease of 8.6% from the prior month.

january energy prices load MISO

Operating conditions in the RTO during January were “generally favorable,” punctuated by a few short-lived severe weather conditions, Executive Director of Market Design Jeff Bladen said at a Feb. 21 Informational Forum. MISO reported zero minimum or maximum alerts or warnings.

The RTO also recorded 4,245 GWh of systemwide wind production in the month, a drop from December’s 5,687 GWh, but 3% higher than January 2016’s 4,110 GWh.

— Amanda Durish Cook

Energy MarketGenerationMISO

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