MN MN MI MN MI NM IIMI 0 NM MI NM NM MU MN MO diril 1111.
<br /> r
<br /> /1/i11,V rir
<br /> MISO: Prices are high, seemingly random fluctuations confound observers
<br /> continued from front page awn generation double. iart of ,,,a, koaniitabn+
<br /> Ontam IMP SD
<br /> the problem is, given the: coni- MCHGAN�itA:\59.341 (USD)
<br /> IN woo ..2oo oo
<br /> costs can obtain a clearing price plexit\ of .'\1150'\ operation and iFE t* . $ 46I 7, 8p
<br /> in 1St)-sew [gl (nd markets, as its billing practices,cause and cf- + Nat!►tkiccta j C3 71: 74.
<br /> i+ C1rEFtGYtiUF1 553.18 n 68. :. tt.
<br /> \seri a, other RIO markets, feet arc difficult to pin down, + © 6 oQ
<br /> gi
<br /> "based on the le\trcmel) hie!) Fur c\antple. the MiS0 prix- + : . , © §:�::
<br /> hMlVt $55.55 -, G� s� 59.00
<br /> and going higher)price ot'natural ing scheme seems overs corn- + •' . ;; g t� 3: 56.00
<br /> '.a,-tired electric generation," plea to many. Settlement state- 11-LINOt� X52- + eta i:oio2o: 5503100
<br /> \PP.\ said. I li�eh-rust generators ments arrive after seven, 1.1, ,5;, ++ ++ ` © :�
<br /> "eau and has e obtained cost re- 105 and I�5 da\s. I he statements 1' �' 0 38,00,41. 41,00
<br /> `
<br /> D 35.00 ., 38.00
<br /> eo\er\ (and more) through other that co\er 155 da_\s. tOr e\anlple, 4' ,+ +t+ aT� 1�t1P''` '"� Q °29..00- 332.tu�t[tt
<br /> 60
<br /> mean," said APPA. also ha%e prices tvr the 14 day Nebraska +iota' ter ' x t® 26.00. 79.40
<br /> A 23.00. 6.00
<br /> \\"hen the \1idNest I)a\ 2 mar- statement. And the price for the + + + Per,I„•,r,sr_a 1 20,00 2$$,QQ
<br /> 1Q. Qtai
<br /> Let Mian in Ma\, mo-4 Itltltnet- enerc\ on the 155 day statement ++ . •• a an •10.00,. 10.00
<br /> pals were calliousfv reser\ing fair, ,a\ Oer. 1, 2I O`. trial he di I- .r7,.!;• + t••tsr.Iat,t + CPttocfe
<br /> i.1411rent Si\ month, into the lerent than the price tier energ\ Kansas 4+Mssar: •+ ++ • i•'Q,t'�(* tr'sa -# H`+'
<br /> market, shier see little to like. for that da\ on the 14 da\ stale- + +
<br /> "I he high prigs continue and trterti
<br /> \\e ha\e the ,ane concerns as "It gives them tlse cltlteremit I:...__'3 i ! 1(i', tiJ:{_j
<br /> APR\,'' ,arid Ra. \kahle, I'L. opnorittnities to change the hill,-
<br /> planning
<br /> ill ''planning and operation,. director \itehals said. -there ,u`e 50 Ten minutes after the slide printed on the front page, prices in the MISO market retreated ...
<br /> for \li-Qo,rri Rk r 1 ncr::s Ser- items the' e.,u charge sou on.
<br /> :.;f: Mandleta+ Cr,:5rk• LMP SD
<br /> \ie; \h\ of them can change." MICC'1wGAN.tiLt(3 s48.74 )
<br /> M 80.00 .200.00
<br /> r.hfIB $46.681 77.pp 80 00
<br /> /'''lis,, t1•,,I1 UAIne \t'"!e,' (ou/,rlc , ai i n !e e'N,\j,et'I + tooth Oak** fiik Pal 74.00.. 7?00
<br /> Ilu'ehi,iy,,rn I'!ililles (;ener;rl !\MIStl's operation of the grid ++ + + *+' C31�RGY11138.545.271 0 68:00:: 71.8
<br /> I
<br /> \hkeI
<br /> itltl s;lkd In .list, rellllli in,pcl til IllCa. UB $ 7.18 klitmts i% ycm l ," h•" thai;ks to Ilrhtnt, ling .� "4 ©tl,id t that hint- I:rilitie, to start all raatiyrl\ ex- 1fLLtn,otse: 4.39 '� ARann"''� Ct .vQ . 5300
<br /> oo=n • • * 4 C 3 47.06,. SO 00
<br /> I:IIio d '.t, market e\po,ure Ort pmts e combustion turbines, + + 1:n4et00 47,90
<br /> + + + c 41.00„ 44.
<br /> the other hand."I'se ticker seen a ‘.\bile telling the uti!it\ to reduce + + CD 38.00.. 41.00
<br /> rice this ittli in ()ctoher,' generation front a rel,,ttivel\ ine\- i + !e," 7- 35 pp
<br /> p , # ++ t� 32.00.. 35.00
<br /> I' nn in said "Il doesn't scent to pensise coal-tired unit. More + © 23.00, 32.00
<br /> Nebraska + „f CI 2(;.r30.. 29 00
<br /> I:i,tLe sense „ arra/ingl\, M15O has called mil_ + '. CI 23.01)„ ?6.004
<br /> + Per-: •',::.,:: ID 3
<br /> 20.00.. .
<br /> Ilk ()eraser:i1t)4, \\illntar \1u- itics to reduce output from coal + + Ohio 1Q 00,. QQ
<br /> + is10.00. 1006
<br /> slop,! t tilities was pa mg $l:', plants. \chile ordering themto ,, + + + .t•,.;aud i + CPNode
<br /> to 54)) per rneeatealt-holur tar a tire up high-priced diesel genera Kansas + * ++ • .'`"� ',..r",0 * �
<br /> ,Ittali one-peak block it poster. tion. + + .t0 +t
<br /> On (let. i i of this scar, \1151) It is possible these Moses were +' Naniecky lbpines
<br /> prices on the day-ahead market taken to surra his\ ensure rel ia- ' „I
<br /> for a similar block tit passu Nits hilit>, or snake sure a transaction
<br /> w�: :u `s 124). didn't get curtailed Vet. all of Fifteen minutes after that,prices in Upper Michigan remained high, Manitoba and Illinois lower,then ..,
<br /> Paces also jumped ti'um April these increased costs esentuall\
<br /> ':i • ' .;;n,>= LMP
<br /> I. \sIi e,: the \t'S(I market prier, stet ptissed on to utilities, ;std, ul- ' •'p,M 1M1CHiGAN.fftJB X171 81 (USD)
<br /> _ N1.;,,.,,4,.A
<br /> s\ere `cost-Iis_t,' to .tune I. ti ll;iids, their customer,. t :' 1• t, FEJ-L)8 165.94 a �AppO, 280Q0Q000
<br /> \t l:_ri the 'lull \\,is mitre iii 'mar- Some are even h i ,"t r. x'I s,• ;,i,::.;,:,::.,-;;.•t © 7100 !4.00
<br /> 0 1 egtnnm to � p 71 00 ?400
<br /> !•et-ha,.d price, suggest that smaller placers art .?�• • ` !' "" `> `:'f) "' CP4ERGY.1J8 $160 © 68.00 71
<br /> l� of Ilrte il: „ i, being 1 \ ,, ,• .f4.01:4' :,ij'," ",ti .r �� f 15, 07.
<br /> e t ,r-t :t 'I e,ui nal 'i!.trned-hs h ,' r �2�ppq ppj
<br /> t r hi Ila cn• ;8 w ,'t,,. a''; :,.�' `i." r (� 59 00 62 b0
<br /> n;,:r.:n,tl li „ ) Oli II ANN.h#18C 167,15 tg:',e'':M ' t 5600 5900
<br /> I ices' m.\p-t ' { oy.'' ., '
<br /> !it „ ..:nd Ittl, elected \5I' \ Lt_tlOSH_Je $157.1'48 b ,`'+% `'�' `t" tai 50.0000 5300
<br /> I e e',, gorier in the re o 1'44' '4,,,.+"• •,'It' ' $Q
<br /> node i\l i;marts. at , 1 ,1,'11. and :l,1lt (1a, dlsappe::red, II a hi` Ht-len,, • . . #•. `? �`+� ti, sir r3 1,71.3?) :. i9:81
<br /> ''s ? ' -,4,?;154 )"�,•' '. ',r• ',""•.:','",,,,,,10'' '' ` .s C7 41 00 44.06
<br /> ! oon) Ueic�2 -i()I'ei 'I:L.:!1\\,Ili- IntlIsilli,saon own* .Ilillt\ with • , •,,,•, ,i,Y.,, i.0"1+. " ' '1+ CI 38 ix +11. 0
<br /> 'will 1\i\\ ,i) ,.'l 1 ‘,..5., i 1 , , , �„ t'is ♦J,�•" r�' ', 31, f,• Q
<br /> ) r. per •ul ,t:tnti.tl grncr,tt i n is short nl' C7 3A'
<br /> t w°, �. ''-4-: a; .00 32 00
<br /> \t\\It ti'1I)el 1 t, tiirrni" a ret,,- ea'�aeit'. ;licit alt ir;trk is is , N ,,- "� x-
<br /> e :I a ( Nebraska -,,N k t:1 261 29 OD
<br /> ii\;I\ Ii•t\-c•o>t fisc MIIIIi(e p:;i- ,ht,it. It the UI rkel i, \hurt, the "r',•.•. - ,.,\' rs:r >_• •--4+1. i'-' m 2203.(40 7300
<br /> rt{. :he pile. t\etc 's_'',.1 s ..:its pro;e i, 11ig1�,ani tl:e utility gets a ,,,. '";i.0, , • ,,yet.: • 15.00 20.06
<br /> ''' -10 00. 10 00
<br /> ) (pher It, ;risme !\pir.tl high prier for the Power it sell, AKA- .1",1,;4'•':?'Y Z ; . k w + CPNods
<br /> c I' '1 a ed ,inl:ln tiiini?,, and u'an.rats. \t the bottom i fKansas '+rS=' * tnr�
<br /> if
<br /> 1\ '. L 'let ,' :'.t*
<br /> \Ifs( I athllinistr:iti\c fees iiia\ the chain, a ,mail municap:d util- `•3' leiti
<br /> -• ,, � 's,
<br /> 44,44 add up iii $.,2:, iscr \1\\"11. iiri it.\ \1 tilt 'tih.tunti,il market expo- •'i► •�':;. . yy '"'�
<br /> peak. sure cart lie in an untenable posi- 1
<br /> Willmar \lunieip,t! I till tie-, tion. 1•11111'
<br /> buy; Ic,s Ihtni fisc lscrt.:nt of its 'I he market is also Nhipsa\vittg Prices completed the circle,returning to the very high prices seen 35 minutes earlier.
<br /> energy\,on an annual hast,,on the the local genet ati ami plant. I oad
<br /> market. said tienerai \last; er growth typically follows a fairly loss cost plains at the market to get the poster and energy de- On the other hand, Wattle said
<br /> Mike Nitchals.'Ihat market ener- straight line curse. Yet, at Ii\e price. Other munietpals arc 'ice- litered.'the MISO process to an- \1RFS, like a number il` other
<br /> gt acet,itrlts for approximately 20 minute intervals. 51150', loco- ing dramatic price changer after al\/e needed transmission is, by municipal or,ganl/ata in,owns it,
<br /> pere.ent of its energy costs. tional marginal price, change submitting schedule,. but before all accounts. cumbersomc, ex- own resources and has long-term
<br /> -It's \en, vert expenrise," dramatically. Price used to corm- starting local generation. pensive and otters leads to results firm transmission rights, has the
<br /> Nitchats said. spond to load growth that may "Wholesale rates are where rr- that defy real-world evidence. necessary software to verify
<br /> Rut how much of the jump in not apply any more. A halt`hour tail rates where a couple years Fatoruble purchases are often MISO settlement statements, artd
<br /> electric prices can be laid at the after the market price reaches a ago," said Daryl Mohlenhrock, curtailed, by MISO, because it has hired the people it needs to
<br /> It l'O'\ door,' level ss here it makes sense to superintendent of Mountain take determined there is insufficient deal with market activities. I or
<br /> the cost of natural gas, fuel start up local generation,the mar- Municipal Utilities. "Our power transmission capacity available, the first five months of market
<br /> oil, coal and coal delivery hate ket price Inay drop. the price cost adjustment is three to four through a mechanism known as operation, MISO has paid MRI:S
<br /> all increased. And more even- seems to run stills fuel costs. Duel cents a kilowatt hour,"I hat's what transmission line-loading relief $67,000 more than NIRI.S has
<br /> sive, neve units are coming on costs, for many municipals, are we used to buy it for." ("I't.Rs). Ray Wahle, of !ORES, paid MiSO, and that on over$20
<br /> line. One consultant estimated too high. To make platters Norse, mu- said it seems like lewer'fl.Rs are million worth of business,
<br /> that out of a penny and a half in- Companies are also starting to nictpals caught on the market being issued today', but this is "I am very pleased with our
<br /> crease in the cost of a kilowatt- quote market price as their selling Lind few, if any, generators will- "not necessarily good news. MIS() market results," Wahle
<br /> hour, three quarters is due to in- price rather than stating a fixed ing to offer a wholesale power 'transmission providers have got- said. "However, the MISO mar-
<br /> creased fuel prices. Some manic- price 'I his is because they can supply contract. II'you can find a ten better at refusing transntis-
<br /> ipals hate seen the cost of their sell any' plant they have- even a favorable contract, it is a struggle sion service in the first place," Market see facing page
<br /> 8/October 2005 The Resource
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