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]

Why Electrifying Everything Is A Critical Pathway To Decarbonize The World & Our Lives

A number of organizations have developed “pathways” or “pillars” for reaching net zero emissions globally by 2050. While there is some variation in terminology, there is remarkable consistency around the core strategies. The World Bank summarizes findings from International Panel on Climate Change (IPCC) models with required action in four … [continued]