Electricity Market Prices in the eastern markets slowly continue to move higher while ERCOT prices have stabilized a bit. The day-ahead market saw some relief over the report week with cold weather starting to subside. Natural Gas Markets The May ‘18 NYMEX future contract expired on Thursday April 26th at $2.821. The market ticked […]
In addition to the wholesale cost of energy, other items such as capacity combine to make the total cost of a customer’s electric bill. A portion of a customer’s capacity payment is determined by what is referred to as a Capacity Tag (can also be called peak load contribution (PLC), Installed Capacity (ICAP) or peak […]
Electricity Market NYISO and PJM saw almost no change week over week. ISO- NE also continues to be relatively steady, no big movements around the forward price of energy. However, forward quotes still may come in higher than expected in this region due to capacity, ancillaries, RECS and other factors. These are not going away […]
Electricity Market While most of the ISO’s have remained quiet, ERCOT is back on the rise. On peak pricing, especially in July and August is anticipated to be very high, running up the 12-month forward average. Also note that some ISO-NE zones will experience an increase in their capacity market starting in June. Any clients […]
Electricity Market NEISO, PJM, and NYISO remained flat overall since last week’s report. ERCOT experienced a slight bump up after the drop-off. The Department of Energy released a study on future coal and nuclear generation retirements, which examined NEISO, NYISO, PJM, and ERCOT during historical high demand periods, and said that additional coal and nuclear […]
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