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California Current
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Higher Natural Gas Prices Push up Grid Market Costs

Elizabeth McCarthy by Elizabeth McCarthy
April 12, 2022
Higher Natural Gas Prices Push up Grid Market Costs
A 50% increase in natural gas costs drove up the grid operator’s day-ahead market prices in the fourth quarter of 2021 well above that of the same quarter in 2020, the California Independent System Operator’s Department of Market Monitoring reported last week. The gas price spike also increased market costs in the balancing authorities across
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Elizabeth McCarthy

Elizabeth McCarthy

Elizabeth McCarthy is Managing Editor and publisher. She co-founded California Current in 2002 after covering energy and water since the early 1990s. She’s reported on a wide variety of topics—from environment to dance—for various publications and organizations near and far. That includes Canary Media, the World Health Organization, Agence France Presse, Harvard University’s Nieman Reports, Oakland Magazine, New Scientist, Sacramento Business Journal and Sacramento News & Review. She was BNA’s Irish correspondent, covering myriad issues—from wave energy to European Union directives. She also worked in Nippon Telegraph & Telephone’s International Legal Office in Tokyo, Japan.

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