Winter Events – El Niño
This winter we are currently in an El Nino pattern which typically brings warmer-than-average temperatures and more precipitation for the Northeast.
This winter we are currently in an El Nino pattern which typically brings warmer-than-average temperatures and more precipitation for the Northeast.
In 2018 ISO New England announced plans for two new ancillary charges, Mystic Cost of Service & ISO-NE Winter Reliability.
In general, the two main drivers of wholesale electricity prices in New England are the cost of fuel used to produce electricity and consumer demand. Power Plant Fuel: Natural gas dominates electricity generation in New England, accounting for 52% of total power production in 2022. This reliance on natural gas makes wholesale electricity prices closely
Hurricanes and tropical storms can have significant effects on the energy market due to their potential to disrupt both the supply and demand sides of natural gas and electricity.
How will federal, state, and private sector goals impact the cost of renewable energy and retail energy prices?
How does volatile winter weather impact both the electricity and natural gas markets?
A new Executive Order will help protect the grid from cyber dangers, but will the ripple effect impact electricity costs?