Wholesale electricity climbed to $500/MWh August 27 under a dome of high pressure that pumped hot air into the state. That price hit the cap imposed by regulators for wholesale electricity. That price is about 10 times what general prices have been this year. While the California Independent System Operator’s public forecast and available energy intersected at 43,414 MW at 4:30 p.m. August 27, a CAISO spokesperson said that the public information on MW capacity was “not accurate.” However, he did verify that prices are “up.” The grid operator has said it’s been attempting to convey more accurate statistics and forecasts on its public website. Southern California and the Central Valley have experienced triple digit temperatures in places for several days. In addition, some baseload power plants were not fully available due to unplanned outages. The National Weather Service forecasts hotter than normal temperatures into the weekend.