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NYISO prices rise above $200/MWh as region braces for major winter storm

Washington β€” Real-time prices in the New York Independent System Operator region were over $200/MWh Monday morning as the Northeast was bracing for a major winter storm.

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Real-time prices for Zone F Capital area were at about $246/MWh at about 11 am EST, while Zone J New York City prices were at about $197/MWh. Zone A West prices were at about $59/MWh.

The New York ISO expected peak demand Monday near 22,578 MW, rising to 22,802 MW on Tuesday then dropping to 22,636 MW on Wednesday.

The winter record peak for the NYISO is 25,541 MW set in December 2004.


The major nor'easter is expected to bring snowfall to much of the Northeast.

Temperature forecasts for the Albany region call for highs in the low 20s Monday and Tuesday with lows in the single digits Monday and rising to the upper teens Tuesday.

In New York City, high temperatures are predicted to be in the upper 20s Monday with lows in the mid-20s, and highs Tuesday in the low 30s with lows in the low 20s.

--Eric Wieser, eric.wieser@platts.com
--Edited by Jason Lindquist, jason.lindquist@platts.com