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Real time prices go negative in U.S. energy markets as well. Usually during off peak hours with a high percentage of wind generation in the zone. Look at the N
by jweir 10y ago
Real time prices go negative in U.S. energy markets as well. Usually during off peak hours with a high percentage of wind generation in the zone.
Look at the North Zone of New York, it spent a good chunk of Sunday negative:
http://mis.nyiso.com/public/csv/realtime/20160508realtime_zone.csv http://mis.nyiso.com/public/csv/realtime/20160508realtime_zo...
Use the LMP column(Locational Marginal Price)
It should be noted that most energy is purchased in the day ahead market, which I can't recall seeing negative - although maybe in Texas (ERCOT).
The provider will need to buy back the energy in at the realtime price if they are not generating. But I am not sure about the market rules for negative prices.
- alexsherrick 10y agoYou can get negative day-ahead prices quite frequently due to congestion depending on what lines, generators, transformers, etc are out.