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Platte River Power Authority Selects Power Costs, Inc (PCI) for its Transition to the Western Energy Imbalance Market (WEIM)
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Platte River Power Authority Selects PCI for its Transition to the Western Energy Imbalance Market (WEIM)
sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
Source: U.S. Energy Information Administration, based on S&P Global Market Intelligence data During 2020, wholesale electricity prices at major trading hubs in the United States were generally lower than in 2019, although prices in the western states trended higher in the last half of the year. Compared with 2019 prices, these wholesale hub prices in 2020 ranged from 5% lower in the California Independent System Operator (CAISO) market to 45% lower in the Electric Reliability Council of Texas (ERCOT) market. Monthly wholesale electricity prices were also generally less volatile in 2020 than in 2019. Wholesale electricity prices in ERCOT for all hours (peak and non-peak) in day-ahead trading averaged $22 per megawatthour (MWh) in 2020 compared with an average of $38/MWh in 2019. Average Texas electricity prices were lower this year primarily because prices were less volatile (had fewer price spikes) than last year. In August 2019, the monthly average day-ahead wholesale pric
John Hairston gets top job at Bonneville Power Administration
Updated Jan 07, 2021;
The U.S. Department of Energy has selected John Hairston, a three-decade veteran at the Bonneville Power Administration, as the federal power marketing agency’s new administrator and chief executive.
Hairston has been the acting administrator and CEO since September, when Elliot Mainzer departed after a seven-year tenure in the position to lead the California Independent System Operator, which oversees electricity markets and transmission in that state. Hairston has held a variety of positions in the agency’s power services, regulatory and compliance organizations, and was previously the agency’s chief operating officer. He is the first person of color to serve as the agency’s leader.
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