CaISO

The Southwest Power Pool (SPP) uses a more specific alert system than NERC. Source: Southwest Power Pool.

How Do Electric Grid Operators Warn Us About Extreme Heat?

Electricity grid operators often keep a wary eye towards the thermometer, particularly during the summertime danger season, as daily temperatures soar above 90 degree Fahrenheit and heat waves spread around the country. And for good reason: extreme heat events cause a host of reliability issues for the grid. Electricity demand … [continued]

Monthly average wholesale electricity prices at selected trading hubs Data source: S&P Global Market intelligence

Wholesale U.S. Electricity Prices Were Volatile in 2022

Average wholesale electricity prices at major trading hubs in the United States rose throughout much of 2022 and were, at times, volatile as a result of extreme weather events. The limited availability of coal to substitute for higher-priced natural gas also contributed to higher electricity prices. Prices at all electricity … [continued]