Thursday, February 7, 2013

Global Adjustment Update for Ontario Electricity Prices

I made a post about the global adjustment monthly values here. Sadly, the last data I had was from September. The data can be found on this site, but unfortunately they've updated it so only 2013 data is shown. Bastards. Right now the January estimate is 3.77 versus 5.73 for February. Since the global adjustment depends on how much renewable solar and wind are produced versus how much overall power consumption there is in Ontario (that's simplifying it), January is a very low solar month, with good wind and good consumption because of the time of the year (electric heating) thus it is relatively low. February is probably higher, because of a bit more solar plus maybe less consumption because it is somewhat warmer. Last year's actual values were 4.25 for January and 5.06 for February. So less for January and more for February.

They do have the December 2012 value on the site and it is 4.94. Here's the numbers I do have from last year:

January 4.25
Febuary 5.06
March 6.23
April 6.07
May 5.65
June 5.26
July 3.36
August 4.18
September 4.16

alue oI'll try and find out the global adjustment numbers for October and November so that I can keep track and compare to last year. From last year, March is usually the highest. Probably due to high wind production, and relatively low overall consumption (less needed for heat, no power needed for air conditioning).

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