US Electricity and Demand Drop

5:48 PM Posted by Baris Sanli
According the Wall Street Journal,
  • 4.4% electricity demand drop in the largest US power market (consisting of13 states east of Mississippi)
  • Average spot price in the same region drops by 40%. ($61.72/ MWh from $129.48/Mwh)

"Generally, the declines in demand and prices are the most precipitous and most sustained seen in the United States since the 1950s."

Ref:

IEEE Spectrum, 12 August 2009

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