Final Comprehensive Market Design released

A cool and wet July long weekend was not what any of us were wanting but it did result in softer settles taking the week $26.99/MWh, a whopping 76% decrease week over week. For those comparing year-on-year bills, power prices for the month of June settled almost 4...

Alberta power, AECO gas and WCS prices trend up

It’s officially summer and it’s been heating up across Alberta! Power prices averaged $110.89/MWh this week with a combination of outages, derates, lower wind generation and higher demand. A 64% increase week over week, with continued price volatility forecasted for...

Global Petroleum Show kicks off in Calgary

Inconsistent settles are continuing into June as less gas unit utilization on Friday and Saturday led to daily settles over $100/MWh. The week settled 131% higher than the previous at $59.42/MWh. The forward curve is up ~1.00/MWh this week in response to further...

May 2018 settles almost 200% higher than May 2017

The month of May averaged $63.77/MWh, a 191% year over year increase from May 2017’s $21.90/MWh settle. With lower temperatures this week and high thermal unit availability, the weekly average decreased 72% to $25.77/MWh. Entering into this week, there has been more...