Bolinger, Mark A; Wiser, Ryan - 2009
to fuel costs--i.e., natural gas prices. For example, at current spot prices of around $7/MMBtu, fuel costs account for …-clearing price for all generators in a competitive wholesale market, there is a direct link between natural gas prices and wholesale … electricity prices. In this light, the dramatic increase in natural gas prices since the 1990s should be a cause for ratepayer …