SOURCE: Industrial Info Resources

Industrial Info Resources

October 20, 2015 06:15 ET

Power Prices Down, Market Inefficiencies Going Away -- A Good Story Today, but What About Tomorrow? -- an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Oct 20, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Peak power prices are down nearly 30% year-over-year in two important markets, PJM West Hub and ERCOT North Hub, according to market data compiled by NRGSTREAM (Calgary, Alberta), an IIR Energy data partner. These lower prices, which should benefit consumers, may be evidence that nodal trading in those hubs has matured. A narrower trading range suggests those two markets have become more efficient on a year-over-year basis. Those who designed the rules for those markets may be claiming success: What's not to like about lower prices and more efficiencies?

Within this article: Details on how power market prices have affected projects in North America, including those from companies such as Entergy Corporation (NYSE:ETR), Dominion Resources Incorporated (NYSE:D) and Exelon Corporation (NYSE:EXC).

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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