Power Prices in California Surge, Driven by High Temperatures, Fires and Power Plant Outages, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 09/22/15 -- Written by John Egan for IIR Energy (Sugar Land, Texas) -- Record temperatures pushed up electric load and day-ahead power prices in California on September 8-11. Power market fundamentals also were affected by several large fires in the state, as well as a large number of in the region, which were idled either for planned or unplanned outages.
showed a total of 25,335 megawatts (MW) of power plants in the Western Electricity Coordinating Council (WECC) were offline between September 1 and September 17. Some of these outages were planned, but others were unplanned.
Within this article: Details on the recent spate of power-plant outages in California.
Companies featured: Pacific Gas and Electric Company (NYSE:PCG)
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Datum: 22.09.2015 - 04:15 Uhr
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News-ID 1386983
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