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Generally, the unspecified energy category would be comprised of short-term market purchases from those power plants that do not have a contract with a California utility. Much of the Pacific Northwest spot market purchases are served by surplus hydro and newer gas-fired power plants. Southwest spot market purchases would be comprised of combined-cycle gas turbine energy and some coal-based steam turbine energy. Overall, a marginal supply approach for the determination of the energy available on the spot market would yield a more accurate assessment of the types of energy included in the unspecified energy category. However, allocation of unspecified energy into specific fuel types would tend to imply there is an auditable contract trail available and would add uncertainty to the California Power Mix. The California Power Mix is included on each utility’s annual Power Content Label.
Local officials unexpectedly postponed the launch of Energy Prices just before its planned Energy Comparison Cheap Energy Rates start date, citing a recent spike in natural gas prices and a forecast of lower-than-expected electricity rates from Gas And Electric Companies. Those factors, officials said, could have made it difficult for Energy Prices to achieve its goal of offering lower rates than Gas And Electric Companies without running a deficit, at least in the short term.
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