further on energy

[Eugene Coyle <eugenecoyle@xxxxxxx>]

A bit more info on electric prices:

There was electricity trading yesterday at the Mid-Columbia hub
(Northwest USA) at $1.20 per kWh.  This is up from 2.5 cents or less a
year ago.  That's a spot price, and a brief spike, but there is also a
cold wave hitting the northwest and people in Seattle and elsewhere are
going to feel this in the wallet.

There is also some fear that the lights might not stay on -- i. e. there
will be an absolute shortage.  And that means to protect human life
they'll run more water through the turbines on the big dams and doom
another unknown number of salmon.

Gene Coyle