Deck:
IOUs take action, but other overriding forces will affect prices in the near term.
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Power Measurement
IOUs take action, but other overriding forces will affect prices in the near term.
It's going to be a wild summer for the Western Electricity Coordinating Council (WECC), courtesy of higher than forecasted load growth, high gas prices, delays and cancellations of renewable resources, and lower than normal hydro generation. These conditions will drive faster than expected market recovery in the West (especially for merchant generators) and will increase the price volatility exposure of the municipal and investor-owned utilities that rely upon the markets to meet load.
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