Electricity Price Forecasting for the Upper Great Lakes Region

Synapse conducted a project for the International Joint Commission (IJC) to develop electricity price forecasts for the hydroelectric facilities along the U.S.-Canadian border in the Upper Great Lakes region. This was part of a larger study to evaluate operation of the structures and procedures for hydraulic operations in that region. The project produced electricity price forecasts through 2040 for the upper Midwest and the western region of New York, taking into consideration such factors as fuel prices, generation mix changes, and possible carbon costs.