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US Power Update: Prices Mostly Higher in Afternoon

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US wholesale electricity markets were mostly higher Wednesday afternoon, with Midcontinent Independent System Operator prices reaching an overnight peak of $314.14 per megawatt-hour, according to data from GridStatus.io.

Electric Reliability Council of Texas' real-time locational marginal price stood at $38.30/MWh at 4 p.m. ET. Net load came in at 52.31 gigawatts, with natural gas making up the largest share of the generation mix at 43.6%.

California Independent System Operator's real-time LMP stood at $44.18/MWh at 4 p.m. ET. Net load turned negative, reaching -1.03 GW, with solar making up the largest share of the generation mix at 68.1%.

Southwest Power Pool's real-time LMP was $34.89/MWh at 4 p.m. ET. Net load totaled 43.91 GW, with natural gas providing the largest share of the generation mix at 38.7%. Prices climbed to an intraday high of $126.57/MWh at 2:25 p.m. ET.

PJM's real-time LMP stood at $45.66/MWh at 4 p.m. ET. Net load totaled 127.78 GW, with gas providing the largest share of the generation mix at 42.8%. Prices reached an intraday high of $306.64/MWh at 5:20 a.m. ET.

MISO's real-time LMP was $79.57/MWh at 4 p.m. ET. Net load came in at 97.89 GW, with natural gas holding the largest share of the generation mix at 33.5%. Prices hit an overnight high of $314.14/MWh at 1:10 a.m. ET.

New York Independent System Operator's real-time LMP stood at $37.70/MWh at 4 p.m. ET. Net load totaled 19.62 GW, with dual-fuel sources making up the largest share of the generation mix at 28.3%.

Independent System Operator New England's real-time LMP was $39.08/MWh at 4 p.m. ET. Net load came in at 13.29 GW, with natural gas making up the largest share of the generation mix at 51.9%.

Independent Electricity System Operator's real-time LMP stood at $48.12/MWh at 4 p.m. ET. Net load totaled 20.36 GW at 3:55 p.m. ET, with nuclear making up the largest share of the generation mix at 40.6%.

The National Weather Service's Climate Prediction Center forecasts temperatures to remain above normal across much of the central and eastern US from Sept. 10 to Sept. 16, with near-normal readings across much of the West.

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US Power Update: Power Prices Mostly Higher; Natural Gas Holds Largest Generation Share

US wholesale electricity markets were mostly higher on Tuesday afternoon, with Midcontinent Independent System Operator's intraday prices reaching $585.46 per megawatt-hour, according to data from GridStatus.io.Electric Reliability Council of Texas' real-time locational marginal price stood at $28.27/MWh at 4 p.m. ET. Net load reached 49.04 gigawatts, with natural gas making up the largest share of the generation mix at 42.1%.California Independent System Operator's real-time LMP came in at $15.46/MWh at 4 p.m. ET. Net load was negative 0.5 GW, with solar making up the largest share of the generation mix at 71.3%.Southwest Power Pool's real-time LMP was $60.16/MWh at 4 p.m. ET. Net load reached 45.88 GW, while natural gas accounted for the largest portion of the generation mix at 41.4%. Prices reached an intraday peak of $471.67/MWh at 1:50 p.m. ET.PJM's real-time LMP came to $259.89/MWh at 4 p.m. ET. Net load stood at 136.58 GW, with gas representing the largest share of the generation mix at 45.2%. Prices rose to an intraday high of $519.47/MWh at 4:40 p.m. ET.MISO's real-time LMP was $132.63/MWh at 4 p.m. ET. Net load came in at 99.74 GW, with natural gas making up the largest share of the generation mix at 36.3%. Prices climbed to $585.46/MWh at 2:50 p.m. ET.New York Independent System Operator's real-time LMP stood at $35.84/MWh at 4 p.m. ET. Net load reached 21.89 GW, while dual-fuel sources accounted for the largest share of the generation mix at 33.9%.New England Independent System Operator's real-time LMP came in at $37.16/MWh at 4 p.m. ET. Net load was 13.14 GW, with natural gas accounting for the largest share of the generation mix at 52.3%.Independent Electricity System Operator's real-time LMP stood at $47.21/MWh at 4 p.m. ET. Net load reached 20.95 GW, with nuclear providing the largest share of the generation mix at 41.5% at 3:55 p.m. ET.The National Weather Service's Climate Prediction Center forecasts temperatures to remain above normal across much of the central and eastern US from Sept. 9 to Sept. 15, with near-normal readings across parts of the West.