EnergyReader · 2026-08-03 04:21

Solar Overtakes Gas in CAISO as Summer Supply Pressure Holds Day-Ahead Prices Down

By EnergyReader Newsroom · August 3, 2026

CAISO NP15 spot power settled at $53.50/MWh on Sunday (2026-08-02) and SP15 at $49.84/MWh, muted readings for a grid in the heart of cooling season where seasonal demand would normally support firmer prices. All five market signals tracked point bearish, with a bearish weight of 0.912. Supply is overriding the summer demand story. [LIVE PRICES]

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