by James Mottershead | Oct 27, 2020 | Alberta Wire
Alberta power settles this week were volatile – with hours between $29/MWh-$836/MWh. With thermal generation offline and the tieline outage, many hours were constrained for supply. The week averaged $107.82/MWh, 37% higher than the week prior. The forward curve...
by James Mottershead | Oct 20, 2020 | Alberta Wire
Alberta power settles were strong this week with a winter storm and colder weather and decreased thermal availability. The week averaged more than double the prior at $78.49/MWh, the balance of month is trading over $100/MWh. The forward curve is also trading up...
by James Mottershead | Oct 13, 2020 | Alberta Wire
Snow hit the ground this Thanksgiving weekend – but strong supply availability led to low price settles. The week averaged $31.20/MWh, a 4% decrease week over week. Volatility remains in the forward curve as we are seeing more activity in the market closing out...
by James Mottershead | Oct 6, 2020 | Alberta Wire
With some of the warmest fall weather in the last ten years, prices averaged fairly soft at $32.45/MWh. September prices averaged 34% down year over year at $36.05/MWh. Remaining demand destruction and high thermal availability were contributing factors. Significant...
by James Mottershead | Sep 29, 2020 | Alberta Wire
Patio’s are going strong still with a beautiful start to Fall – Calgary’s mayor recommended “patio winterization” and tents are popping up outside of restaurants to protect customers from the wind and weather. Alberta saw another week of consistent power settles,...
by James Mottershead | Jul 14, 2020 | Alberta Wire
Sunny skies this week has it feeling like summer and it feels like people are starting to use their vacation time to enjoy it. Prices remained low this week averaging $26.66/MWh. Supply remains abundant with some demand destruction across the province still affecting...