A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price…
wholesale power prices
Wholesale power prices across the nation plunged between 27% and 37% at major trading hubs last year compared to 2014, the Energy Information Administration (EIA) reported. The agency said on…
Coal power plant retirements could potentially increase energy prices by $3–4/MWh for on-peak hours and $1–2/MWh for off-peak hours, but if natural gas prices also rise, energy prices could rise…