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US Power Update: Prices Mostly Higher Thursday Afternoon as Natural Gas Leads Generation

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US wholesale electricity prices were mostly higher Thursday afternoon, with natural gas leading generation in most markets while solar dominated California output, according to data from GridStatus.io.

Electric Reliability Council of Texas' real-time locational marginal price stood at $43.39 per megawatt-hour at 4 p.m. ET. Net load was 52.47 gigawatts, with natural gas providing the largest share of the generation mix at 45.7%.

California Independent System Operator's real-time LMP came in at $41.93/MWh at 4 p.m. ET. Net load turned negative, hitting -0.65 GW, with solar leading the generation mix at 69.7%.

Southwest Power Pool's real-time LMP was $37.85/MWh at 4 p.m. ET. Net load totaled 45.97 GW, with natural gas accounting for the largest share of the generation mix at 41.6%. Prices surged to an intraday high of $254.11/MWh at 9:30 a.m. ET.

PJM Interconnection's real-time LMP reached $62/MWh at 4 p.m. ET. Net load stood at 130.56 GW, with gas supplying the largest share of the generation mix at 43.1%. Prices climbed to an intraday high of $123.29/MWh at 3:15 p.m. ET.

Midcontinent Independent System Operator's real-time LMP came to $41.74/MWh at 4 p.m. ET. Net load totaled 88.45 GW, with natural gas making up the largest share of the generation mix at 33%.

New York Independent System Operator's real-time LMP was $65.76/MWh at 4 p.m. ET. Net load was 22.61 GW, with dual fuel accounting for the largest share of the generation mix at 33.8%.

ISO New England's real-time LMP stood at $48.21/MWh at 4 p.m. ET. Net load totaled 14.82 GW, with natural gas leading the generation mix at 56.4%.

Independent Electricity System Operator's real-time LMP was $184.56/MWh at 4 p.m. ET. Net load was 21.93 GW at 3:55 p.m. ET, with nuclear accounting for the largest share of the generation mix at 40.5%. Prices reached an intraday high of $191.04/MWh at 4:05 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 Sep. 11 to Sep. 17, with near-normal readings across much of the West.

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US Power Update: Prices Mostly Higher in Afternoon

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.