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High-dollar power purchase during polar vortex criticized | Business

Three winters after NorthWestern gained tools to manage high energy prices, records show it hasn’t pulled the trigger. What NorthWestern Energy has done is use the sticker shock of high market prices during periods of bitter cold as a selling point for power plants fueled by coal and natural gas, that increasingly face regulatory challenges and consumer disapproval. Including during the polar vortex

High-dollar power purchase during polar vortex criticized

Three winters after NorthWestern gained tools to manage high energy prices, records show it hasn’t pulled the trigger. What NorthWestern Energy has done is use the sticker shock of high market prices during periods of bitter cold as a selling point for power plants fueled by coal and natural gas, that increasingly face regulatory challenges and consumer disapproval. Including during the polar vortex

Drought, heat driving up power prices for some Montanans

Drought, heat driving up power prices for some Montanans But won t see the bill until next year By: Mike Dennison and last updated 2021-07-06 20:24:51-04 HELENA — Drought and high temperatures this summer in the West likely will be bringing yet another discomfort for many Montanans, although not right away: Higher electricity prices. The drought and unusually hot weather have dropped hydroelectric reservoirs to historic lows in California and other parts of the West, crimping supply and increasing demand. Regional power prices are both volatile and spiking. That means Montana’s largest electric utility, NorthWestern Energy, will be paying millions more than expected to acquire enough power to serve its 380,000 Montana customers, company officials told MTN News.

Drought and heat are driving up power prices for some Montanans

Drought and heat are driving up power prices for some Montanans Drought and heat are driving up power prices for some Montanans and last updated 2021-07-06 20:15:41-04 HELENA — Drought and high temperatures this summer in the West likely will be bringing yet another discomfort for many Montanans, although not right away: Higher electricity prices. The drought and unusually hot weather have dropped hydroelectric reservoirs to historic lows in California and other parts of the West, crimping supply and increasing demand. Regional power prices are both volatile and spiking. That means Montana’s largest electric utility, NorthWestern Energy, will be paying millions more than expected to acquire enough power to serve its 380,000 Montana customers, company officials told MTN News.

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