Oil generation tops ISO New England fuel mix as power prices hit record high

Oil-fired generation led the ISO New England fuel mix during the January winter storm that swept across a majority of the nation, driving up heating demand and power prices as temperatures plummeted. The last time oil topped the ISO-NE fuel mix was three days in December 2022, then six days in January 2018, four days in December 2017, nine days in December 2015 and two days in January 2014,Oil-fired generation led the ISO New England fuel mix during the January winter storm that swept across a majority of the nation, driving up heating demand and power prices as temperatures plummeted. The last time oil topped the ISO-NE fuel mix was three days in December 2022, then six days in January 2018, four days in December 2017, nine days in December 2015 and two days in January 2014,Read More