Category: power industry

How Can We Stabilize the Power Industry in the United States?

Daily power plant operations in the United States are often taken for granted. Most people are not aware that the wholesale/industrial rate for electricty is updated every fifteen minutes and frequently varies from highs near $0.30/kWh ($300/MWh) to lows near $0.03/kWh ($30/MWH) throughout the day. Regional transmission operators (RTOs), companies such as PJM in the… Read more »