Tag Archives: Heat Wave

Peakshaving through the Heat Wave

In parts of New England, wholesale spot prices for electricity hit $560 per megawatt hour on friday, 10 times annual average prices. The PJM Interconnection announced that it set a new record for Peak Power Use by meeting demand for 158,450 megawatts of power. (One megawatt of power can power 1000 homes). The PJM Interconnection, […]

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