Jan

7

I've never seen anything like this. Power prices in the Mid-Atlantic region are normally $30 to $40 this time of day for this time of year. Right now, prices are over $1,800 system wide. The lack of price diversity suggests there are no transmission constraints of consequence. It also suggests "the grid" does not have enough generation.

There will be consequences. Planners will be forced to rethink their reliability models. This could be good news for Exelon, NRG Energy, Calpine, Dynegy and Atlantic Power.


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