Energy Prices Always Go Up (Part 4)

As discussed several times previously on this blog, there is a common perception that energy prices always go up.  We have examined both natural gas prices (read here and  here) and electricity prices (read here). In this post, we look again at electricity prices—specifically, how they behaved in PJM last year. PJM zonal day-ahead load weighted…

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What Does a Superstorm Look Like?

In previous blog posts, we have examined how weather and other events affect electricity prices. What Does a Derecho Look Like? What Does a Warm Day Look Like? What Does an Earthquake Look Like? We continue this series by looking at how Superstorm Sandy impacted electricity prices in the PJM service area. After marching northward…

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What Does a Derecho Look Like?

Late Friday, June 29, 2012 a destructive set of thunderstorms swept through the Mid-Atlantic region.  With winds of up to 80 mph, the storms produced extensive damage and left several million utility customers without electricity.  The National Weather Service (NWS) refers to this kind of fast-moving, long-lived, large, and violent thunderstorm complex as a “derecho.”…

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