Electricity prices in California are 3x higher because of PG&E's monopoly on distribution combined with their wildfire risk liability from reckless power line building standards, not because of higher generation costs.

sure, but somehow distribution and reckless do not impact export prices?

Correct. That's the difference between the wholesale spot price on the open market and what PG&E charges consumers on their bill.

There's lots of supply and less demand at noon in June compared to 6 pm in January. You're not going to get anywhere near average retail price for exports in either case, but especially not in the first one.

Out of state buyers don't care about PG&E's liabilities either, they are choosing from competing suppliers. They are not captive to PG&E's monopoly the way consumers are, so PG&E has no hope of charging them their retail rate.

Also bad forest management.