natural gas prices
The New York Public Service Commission (NYPSC) enacted consumer protection standards for distributed energy resource (DER) suppliers.
NYISO year-to-date monthly energy prices averaged $35.34/MWh in September, a 3% increase from a year earlier.
There is wide disagreement over how much natural gas the U.S. even has, and even more disagreement on when it will run out.
The U.S. is becoming a net exporter of natural gas for the first time since 1958, a boon to the nation but a source of concern for gas customers.
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.
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