Energy Procurement Insights for September 2019: See What's Driving Prices in Your Region

Energy Procurement Insights for September 2019: See What's Driving Prices in Your Region

Graphical Chart, Sum of PJM generation by fuel type june 19  august 19
Graphical Image August 2019 peak load vs real

ERCOT set a new record on August 12, when demand reached an all-time high of 74,666 MW. To the state’s advantage, wind production was at 9,900 MW on August 12, which prevented average prices from surpassing $450/MWh. On August 13, with demand soaring above 74,000 MW and a shortage in reserve capacity, real-time prices averaged $8,600/MWh for the peak hours (4 PM – 6 PM) and $1,060/MWh for the entire day. Similarly, as system-wide wind generation plummeted to 4,455 MW on August 15, real-time prices averaged $9,000/MWh for the peak hours and $1,160/MWh for the entire day. Real-time prices in August averaged $131/MWh, the highest since 2011 and 325% more than in the month prior.

Graphical Image Monthly RT Averages
Graphical Image Monterrey GDMTH Capacity Prices
Graphical Image Aguascalientes GDMTH Energy Prices

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