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Friday, September 19th, 2025
| Time | Event |
| 4:05p | What's Happening To Wholesale Electricity Prices? US wholesale electricity prices have nearly doubled since 2020, rising faster than consumer rates across most regional grid operators. Analysis of location marginal pricing data from 17 trading hubs shows average wholesale costs increased from baseline 2020 levels to peaks 2-4 times higher by 2022, before partially recovering. Consumer electricity prices rose 35% during the same period. Transmission congestion spreads are widening in most Independent System Operators and Regional Transmission Organizations, particularly in PJM, SPP, and NYISO, where bottlenecks increasingly prevent access to cheaper generation. California's CAISO stands alone among major grid operators as wholesale prices remain flat or decline in 2025 despite natural gas volatility. The cheapest wholesale electricity continues to trade in SPP's Oklahoma-Kansas region at $16-17 per megawatt-hour. 
Read more of this story at Slashdot. |
| 7:01p | Meta Pushes Into Power Trading as AI Sends Demand Soaring Meta is moving to break into the wholesale power-trading business to better manage the massive electricity needs of its data centers. Bloomberg: The company, which owns Facebook, filed an application with US regulators this week seeking authorization to do so. A Meta representative said it was a natural next step to participate in energy markets as it looks to power operations with clean energy. Buying electricity has become an increasingly urgent challenge for technology companies including Meta, Microsoft and Alphabet's Google. They're all racing to develop more advanced artificial intelligence systems and tools that are notoriously resource-intensive. Amazon, Google and Microsoft are already active power traders, according to filings with US regulators.
Read more of this story at Slashdot. |
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