YourSun.com: Signs of a problem within California's power system emerged a full day before the blackouts hit.
Trader Dov Quint sat in his basement outside Boulder, Colorado, scouring the state's day-ahead power market for opportunities to profit from California's heat wave. He saw something strange: Prices for electricity to be delivered the next day — the day of the blackouts — were nearing $1,000 a megawatt-hour, more than 26 times higher than last year's average.
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Nowi360Gov is an intelligent network of websites and e-newsletters that provides government business, policy and technology leaders with a single destination for the most important news and analysis regarding their agency strategies and initiatives.
Telephone: 202.760.2280
Toll Free: 855.i360.Gov
Fax: 202.697.5045
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Now