Spot power prices in all 10 regions monitored by the Energy Information Administration (EIA) showed an increase across the board in figures posted on the EIA website June 30.
The percentage of increase ranged from 5% in the Southwest to about 123% in the Northwest.
Three of the 10 regions reported spot power prices above $60/MWh. Northern California had the highest spot price in the nation at $62.77/MWh. The Midwest showed a spot power price of $62.30/MWh. Louisiana posted a price of $60.50/MWh.
Meanwhile the trend was going in the opposite direction for spot natural gas prices. All 10 regions tracked by EIA showed a decrease in spot gas prices. This ranged from roughly a 3% decrease in Houston to a decrease of almost 21% in New England.
On the baseload nuclear power availability front, only two of the nation's 100 commercial power reactors were listed at zero generation by the Nuclear Regulatory Commission (NRC) on June 30.
The Public Service Enterprise Group (PEG) Salem 2 facility in New Jersey continues to be offline for a refueling outage. Also the PPL (NYSE:PPL) Susquehanna 2 plant in Pennsylvania continues to be offline for a turbine blade inspection.
After going offline for a regular refueling and maintenance outage in early May, the nuclear plant was listed at 97% power on June 30.
This article was republished with permission from GenerationHub.