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What drives the seasonal pricing for time of delivery factors, in particular the low point in March-May?

April 26, 2017DELIVERY drives factors low march-may particular point pricing seasonal time

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What drives the seasonal pricing for time of delivery factors, in particular the low point in March-May?

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PG&Es seasonal time of delivery factors are based on market information, including the forward price curve for future delivery. The forward price curve reflects market forces. PG&E does not have a proprietary view of its appropriate level. Historically, seasonal hydro flows have led to lower energy prices in springtime than at other times of the year; this may be reflected in the forward price curve.