Back to Previous Page

September DMA Report

pdf 159K

Summary:

Market Analysis Report for August 2001, Board of Governors Meeting, September 20, 2001

Extract:

Real time electricity and ancillary service prices decreased in August compared to July due to high generation availability, seasonable temperatures, and continuing decreasing natural gas prices. On average, the price of real time electricity in August decreased 27% to $46/MWh from the July average of $63/MWh. Although loads increased slightly in August compared to July as warmer temperatures increased cooling demand, loads declined from August 2000 levels showing visible conservation efforts. Total load in August was down 6.3% from August of last year. The California Energy Commission (CEC) provides refined estimates of conservation after normalizing for growth and weather conditions. In August, the CEC calculated that the growth and weather normalized demand for monthly energy dropped by 7.1 percent from August 2000.

Document Locations:

• Market Monitoring - 1999 - 2001 Reports and Presentations