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Analysis of settlement observations in the LZ to Hub market, comparing April 2013 to April 2012. Highlights include price volatility, cost to serve load, and ancillary services.
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CSWG Nodal Market Statistics 5/13/2012 Jim Galvin
Settlement Observations- LZ to Hub April 2013 to April 2012 Meeting Title (optional)
Settlement Observations- LZ to Hub Apr 2013 to Mar 2013 Meeting Title (optional)
Apr 2013 Price Volatility • April 5 HE 7 average price over $1000, Max $3,231.01 • Daily Average for April 5 $89.78 • April 28 Average Daily Price $73.84 Analysis of North HUB
April Highlights • April weather was colder than normal and colder than 2012 but still mild, impact on prices minimal although warmer weather at end of month may have impacted volatility • Market price volatility on April 5 (outage based?) • Congestion volatility primarily remains out West • Increases in Emergency Energy uplift in April • Ancillary Services comparable year over year; • AS March 2013 $0.88 compared to $1.41 • High market prices generally trend to higher AS prices • Comparable to April 2011 (Spring Outages, weather?)
Questions? Meeting Title (optional)