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Eastern US electric power markets settle into more seasonal norms

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Listen: Eastern US electric power markets settle into more seasonal norms

Winter in the US is starting to add upward pressure on wholesale power prices, but this winter is markedly different from the last. The ISO-New England has a changing fuel generation mix — including lost nuclear generation — that could present an opportunity for fuels like natural gas. Additionally, the PJM Interconnection is seeing firmer prices, but the latest cold spells haven't pushed prices into 2014 territories yet. Eric Wieser, market reporter with the North American electricity team, evaluates what's happened with electric power prices and demand thus far and what past performance could say about the rest of the season.

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