Coal to gas asset conversions starting in 2020

Power prices doubled this week, averaging $88.04/MWh. Yesterday averaged $188.33/MWh, with significant gas outages and low wind generation. The forward curve was relatively flat with some clarity on unit conversions from TransAlta. Only one asset will be converted in...

Alberta power volatility continues into Fall

Power prices have come up 35% this week to $44.42/MWh. There are considerable outages occurring right now including the BC/MATL tieline as well as some thermal availability. There was significant volatility in monthly prices across the curve, of note, CAL20 is down...

School’s back in and Fall is here!

Summer flew by with kids heading back to school today. Albeit, summer weather was hit and miss this year. August settles were below expectation mostly due to mild weather, averaging $45.40/MWh. The week averaged $35.39/MWh, slightly below the week prior. With the...