Wholesale power sales in Q2 fall 4.5% on year; wind and solar make up 7.1% of total

摘要

April, May and June of 2020 will likely stand for some time as the landmark for depressed quarterly wholesale power sales, according to data filed with the Federal Energy Regulatory Commission and compiled by S&P Global Platts. The brunt of the coronavirus pandemic and attendant stay-athome policies hit power demand hard in the second quarter of 2020, with sales of wholesale power off 4.5% compared with the same period last year, and totaling 1.27 billion MWh. In Q2 2019, wholesale power sales totaled 1.33 billion MWh. The Q2 2020 sales total was the lowest since Q1 2017.