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Posted September 30, 2014Today in Energy

California's subhourly wholesale electricity market opens to systems outside its footprint ›

On October 1, the grid operator for most of California will begin simulating the balancing of subhourly electricity supply and demand for PacifiCorp's electric service areas in the western United States through an energy imbalance market. After a month of simulation, financially binding operations will begin on November 1. By adding its generation resources to the resource pool of the California ISO to meet subhourly electricity imbalances, PacifiCorp anticipates enhanced reliability and cost savings, particularly in the face of higher levels of renewable energy generation in the West. More

Source: California Independent System Operator


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Data Highlights

WTI crude oil futures price

9/29/2014: $94.57/bbl

up$3.05 from week earlier
down$8.30 from year earlier

Natural gas futures price

9/29/2014: $4.154/mmBtu

up$0.304 from week earlier
up$0.565 from year earlier

Retail gasoline price

9/29/2014: $3.354/gal

up$0.001 from week earlier
down$0.071 from year earlier

Retail diesel price

9/29/2014: $3.755/gal

down$0.023 from week earlier
down$0.164 from year earlier

Weekly coal production

9/20/2014: 18.833 million tons

down0.343 million tons from week earlier
up0.043 million tons from year earlier


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