US summer electricity prices to climb on fuels costs, delivery constraints: EIA
June 17, 2022 Comments Off
Wholesale power prices are expected to significantly increase between 18% to over 200% year on year, mostly from higher fuel costs with electricity costs closely tied to natural gas prices, the US Energy Information Administration said June 16. While various factors impact wholesale power prices, fuel costs are a major driver. Power prices are closely tied to the natural gas…
US summer electricity prices to climb on fuels costs, delivery constraints: EIA
Wholesale power prices are expected to significantly increase between 18% to over 200% year on year, mostly from higher fuel costs with electricity costs closely tied to natural gas prices, the US Energy Information Administration said June 16. While various factors impact wholesale power prices, fuel costs are a major driver. Power prices are closely tied to the natural gas…
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