by Lannie Fox | Jun 12, 2019 | Alberta Wire
Power prices averaged $30.24/MWh, an 80% decrease week over week. Multiple thermal units came back online this week combined with higher wind generation and lower demand led to extremely depressed settles. Against settles, the forward curve surged over $1/MWh, with...
by Lannie Fox | Jun 5, 2019 | Alberta Wire
This year is flying as we enter into June and schools are almost out for the summer. May averaged $74.78/ MWh, 13% higher than May 2018. June prices have been extremely high so far with multiple forced thermal outages. The week averaged $154.44/MWh. Multiple units...
by Lannie Fox | May 29, 2019 | Alberta Wire
With sun shining and temperatures picking up, power prices settled significantly higher this week – over 200% higher – at $94.91/MWh. With multiple thermal derates, the supply cushion was tighter across the week allowing for hourly settles as high as $958.02/MWh....
by Lannie Fox | May 22, 2019 | Alberta Wire
Everyone is back after a typical May long weekend with a mixed bag of weather – chilly and a little damp in many places although some areas saw some sun! Prices were extremely moderate for the week averaging $27.77/ MWh, 43% less than the last. Low demand and...
by Lannie Fox | May 15, 2019 | Alberta Wire
It feels like snowy days are behind us with a weekend that felt like July in Alberta. With significant imports from BC and Montana, prices were relatively low even with the warmer weather. One day had significant thermal derates leading to a $100/MWh+ settle, with...
by Lannie Fox | May 8, 2019 | Alberta Wire
Alberta weather is back to spring with forecasts in the twenties this weekend. Mild weather over the past week had settles 14% down previous to last at $43.51/MWh. Forwards continue to climb although no material announcements have been made specifically relating to...
