Looks like the weather is lining up for record power usage Monday 6/18 afternoon in New England. It will be interesting to see how much oil generation goes on line (which means the region has run out natural gas capacity). Right now (sunday AM) its zero.
The ISO New England real time maps and charts is the place to take a look at https://www.iso-ne.com/markets-operations/iso-express/
Prices will most likely go up and could skyrocket if a major transmission line or power plant goes out of service. Days like these in the SW were the one that the Enron traders would make a killing by strategically dropping assets off line and then bidding back power in at much higher rates.
The ISO New England real time maps and charts is the place to take a look at https://www.iso-ne.com/markets-operations/iso-express/
Prices will most likely go up and could skyrocket if a major transmission line or power plant goes out of service. Days like these in the SW were the one that the Enron traders would make a killing by strategically dropping assets off line and then bidding back power in at much higher rates.