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Market Analysis - Memorandum

pdf 280K

Summary:


Market Analysis Report for September, 2003 (Memorandum), Board of Governors Meeting, October 23, 2003


Extract:

September average loads were 2.2% higher than a year ago due to warm weather throughout the month, particularly in the first week. The peak load for the month was 41,394 MW on September 5, 2003. Prices in the real-time balancing market averaged $67.54 for incremental energy and $21.16 per megawatt-hour (MWh) for decremental energy, which were similar to those seen throughout the summer.


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