Premier Wynne's Easter basket full of rotten eggs
I am lucky to have Parker Gallant to push data summaries to - it is saving me a lot of writing lately!
One thing I'll add: last Wednesday the Hourly Ontario Energy Price (HOEP) hit its 3rd highest level ever ($1711.03/MWh, or $1.71/kWh). The records may be altered as the IESO often reviews, and sometimes reduces, these price events - this one may explain their recent inability to produce daily reports.
The Ontario Energy Board has a Market Surveillance Panel which investigates price spikes above $200/MWh.
With a nuclear reactor shut down during the weekend of surplus still offline, hour 22 yesterday saw the HOEP spike to $281.25.
Despite April having plenty of supply, and very low demand, last night's was the 5th $200+/MWh hour of the month, which is a record for April since market opening.
The inability to produce reports may not be the system operator's most significant challenge.
One thing I'll add: last Wednesday the Hourly Ontario Energy Price (HOEP) hit its 3rd highest level ever ($1711.03/MWh, or $1.71/kWh). The records may be altered as the IESO often reviews, and sometimes reduces, these price events - this one may explain their recent inability to produce daily reports.
The Ontario Energy Board has a Market Surveillance Panel which investigates price spikes above $200/MWh.
With a nuclear reactor shut down during the weekend of surplus still offline, hour 22 yesterday saw the HOEP spike to $281.25.
Despite April having plenty of supply, and very low demand, last night's was the 5th $200+/MWh hour of the month, which is a record for April since market opening.
The inability to produce reports may not be the system operator's most significant challenge.
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