Colder #weather in the West is bringing added demand for #NaturalGas on top of larger geopolitical issues raising the price, such as Russia’s war in Ukraine.
This has driven up the real-time #energy price over the weekend. I’d say a good hourly average for the market here is $20-$150/MW. Last Friday it sounds like #power was trading around $200/MW and this morning the CAISO average is already approaching $400/MW.
@ingalls - Looks like it's going to be a cold couple of weeks ahead too! Will that continue to affect price, or is that already being built in?