Los Angeles Power Prices at Record April Low on Trapped Solar
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Average monthly prices for Los Angeles spot electricity are trading at a record low for April as planned work on a transmission line limits distribution of solar and wind generation.
The 5,400-megawatt PATH 15 line between the northern and southern regions of the state has been operating at about a third of capacity over the past month, according to data from the California Independent System Operator Corp. and Genscape Inc. The line will return to full service on May 17, grid reports show.