Heavy hydro weighs on West power prices

摘要

Swamped with abundant hydro generation, plus generation from otherrnrenewables, power prices in Western US markets dropped in Februaryrnby double-digit percentages, compared with January, and a nearrecordrnhydro outlook weakened forward prices similarly.rnHydro generation in February came in sharply higher relative tornyear-ago levels in both the Bonneville Power Administration andrnCalifornia Independent System Operator’s territories. In BPA, hydrornoutput in February averaged 20% higher compared to where it was inrn2016.