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Cold weather, high prices continue in Alberta

In case you didn’t know, it’s still freezing in Alberta. Frigid temperatures led to high settles again this week averaging $96.24/MWh. However, stronger asset availability has the average 43% below the prior week. There is significant volatility in the curve, however...

Cold weather has prices sky high in Alberta

February is off to a bold start with $453.07/MWh on Sunday, the highest daily settle since July 2014. Forced outages on thermal, weak wind and strong demand led the Alberta Electricity System Operator to issue an energy alert. The week averaged $168.49/MWh, a 385%...

Mild settles in January for Alberta power

Alberta’s very mild January is heading into a colder period by the end of the week. Interestingly, the weekly average is up 19% week over week to $38.56/MWh with extreme wind and lower wind generation. There have been no major deviations from forecasted generation...