Energy Market Update
Electricity Markets Electric prices have increased in all markets; New England is approaching levels not seen since 2015. These increases appear correlated to the underlying price of natural gas.
Energy Market Update
Electricity Markets Over the report week, NYISO and PJM were relativity flat while ISO-NE continued its upward trend.
Energy Market Update
Electricity Markets Although wholesale energy is up a bit week over week in NYISO, capacity is down, making all in price still very attractive. PJM is appearing to handle the summer loads very well with mostly stable prices. There has been very little volatility in this region given the very warm temperatures and they have […]
Energy Market Update
Electricity Markets Electric markets were relatively stable, despite scorching hot temperatures across much of the country that attributed to peaking demand in many of the country’s ISOs. Both NYISO (hour ending 5 p.m.) and ISO-NE (hour ending 6 p.m.) hit their peak demand levels on Tuesday 8/28 and then again were reset on Wednesday 8/29.