July’s Global Adjustment Mechanism (GAM)e Cost: $0.74 Billion

In July 2024, the GA cost was $0.744 billion, which is a 5% decrease from the June 2024 GA cost ($0.783 billion).
If we compare July 2024 with July 2023, there was a 33% increase (it was $ 0.561 billion).

The Class B July GA rate was $63.71/MWh ($0.064/kWh). The Average HOEP for July was $37.7/MWh ($0.038/kWh)

With these drastic monthly swings in cost, Energy@Work continues to ask “why?”. We provide a monthly review of GAM costs, however, the reason for the cost as well as the vast cost fluctuation remains unclear.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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June’s Global Adjustment Mechanism (GAM)e Cost: $0.78 Billion

In June 2024, the GA cost was $0.783 billion, which is a 12% increase from the May 2024 GA cost ($0.700 billion).
If we compare June 2024 with June 2023, there was a 1% decrease (it was $ 0.788 billion).

The Class B June GA rate was $78.40/MWh ($0.078/kWh). The Average HOEP for June was $31.4/MWh ($0.031/kWh)

With these drastic monthly swings in cost, Energy@Work continues to ask “why?”. We provide a monthly review of GAM costs, however, the reason for the cost as well as the vast cost fluctuation remains unclear.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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May’s Global Adjustment Mechanism (GAM)e Cost: $0.70 Billion

In May 2024, the GA cost was $0.70 billion. Which is a 7% increase from April 2024 GA cost of $0.65 billion.

The Class B March GA rate was $77.63/MWh ($0.078/kWh). The Average HOEP for May was $28.4/MWh ($0.028/kWh)

With these drastic monthly swings in cost, Energy@Work continues to ask “why?”. We provide a monthly review of GAM costs, however, the reason for the cost as well as the vast cost fluctuation remains unclear.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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April’s Global Adjustment Mechanism (GAM)e Cost: $0.65 Billion

In April 2024, GA cost was $0.65 billion. This is a 18% decrease from March 2024 GA of $0.80 billion.

If we compare April 2024 with April 2023, there was a 25% decrease (it was $0.88 billion).

The Class B April GA rate was $74.27/MWh ($0.074/kWh)

The Average HOEP for April was $29.1/MWh ($0.029/kWh

With these drastic monthly swings in cost, Energy@Work continues to ask “why?”.

We provide a monthly review of GAM costs, however, the reason for the cost as well as the vast cost fluctuation remains a mystery.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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March’s Global Adjustment Mechanism (GAM)e Cost: $0.80 Billion

In March 2024, GA cost was $0.80 billion. This is a 24% increase from February 2024 GA of $0.64 billion.

If we compare March 2024 with March 2023, there was a 4% decrease (it was $0.83 billion).

The Class B March GA rate was $81.71/MWh ($0.082/kWh)

The Average HOEP for March was $28.9/MWh ($0.029/kWh

With these drastic monthly swings in cost, Energy@Work continues to ask “why?”.

We provide a monthly review of GAM costs, however, the reason for the cost as well as the vast cost fluctuation remains a mystery.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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February’s Global Adjustment Mechanism (GAM)e Cost: $0.64 Billion

In February 2024, GA cost was $0.64 billion. This is a 25% decrease from January 2024 GA of $0.51 billion.

If we compare February 2024 with February 2023, it had a 22% decrease (it was $0.825 billion).

The Class B February rate was $66.32/MWh ($0.066/kWh)

The Average HOEP for February was $43.3/MWh ($0.043/kWh)

With these drastic monthly swings in cost, Energy@Work continues to ask “why?”.

We provide a monthly review of GAM costs, however, the reason for the vast cost fluctuation remains a mistery.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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January’s Global Adjustment Mechanism (GAM)e Cost: $0.51 Billion

In January 2024, GA cost was $0.51 billion. This is a 25% decrease from December 2023 GA of $0.69 billion.

If we compare January 2024 with January 2023, there was an 11% decrease (it was $0.58 billion).

The Class B January rate was $45.88/MWh ($0.046/kWh)

The Average HOEP for January was $43.3/MWh ($0.043/kWh)

With these drastic monthly swings in cost, Energy@Work continues to ask “why?”. We provide a monthly review of GAM costs, however, the reason for the vast cost fluctuation remains unclear.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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November’s Global Adjustment Mechanism (GAM)e Cost: $0.66 Billion

In November 2023, GA cost was $0.66 billion. This is a 11% decrease from October 2023 GA ($0.75 billion) and a 28% increase comparing November 2023 with September 2023 GA (it was $0.520billion).

If we compare November 2023 with November 2022, there was a 2% increase.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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October’s Global Adjustment Mechanism (GAM)e Cost: $0.75 Billion

In October 2023, GA cost was $0.746 billion. This is a 44% decrease from September2023 GA of $0.519 billion.

If we compare October 2023 with October 2022, there was a 44% increase (October '22 was $0.513 billion).
With these drastic monthly swings in cost, Energy@Work continues to ask “why?”.

We provide a monthly review of GAM costs, however, the reason for the cost as well as the vast cost fluctuation remains a mystery.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

December's Global Adjustment Mechanism (GAM)e Cost: $0.69 Billion

In December 2023, GA cost was $0.68 billion. This is a 4% increase from November 2023 GA ($0.66 billion) and a 8% decrease comparing December 2023 with October 2023 GA (it was $0.75 billion).

If we compare December 2023 with December 2022, there was a 85% increase (it was $0.370 billion).

Energy@Work’s  services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.

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