Energy Market Update
Electricity Markets Electric markets saw another drop as we moved into the holiday week. Warmer temperatures and lower demand brought down rates in the near-term and continue to afford incredible value in outward years.
Energy Market Update
Electricity Markets Electric markets saw the slightest tick up over the report week. On a broad scale, the overall wholesale cost of energy is down. It remains a good time to take advantage of opportunities in the market you can control, as many other non-energy related components are expected to continue driving up costs into […]
Energy Market Update
Electricity Markets Electric pricing has continued to drop across all markets and represent some of the most favorable rates seen since 2017. The continued drop in the 12M forward averages is primarily driven by near-term winter months; rates in Winter 2020-2021 are higher as they fall in a more normal range. The NYISO is approaching […]
Energy Market Update
Electricity Markets Electric pricing in ISO-NE saw a slight increase over the report week. The remaining ISO’s were mainly flat or saw minimally movement downward.
Energy Market Update
Electricity Markets Electric pricing in Texas and New York was quiet last week while New England and Pennsylvania continued to drop off. Rates now mirror some of the lowest we’ve seen since this past summer.
Energy Market Update
Electricity Markets Electric prices were broadly flat with Texas observing a slight drop. Forward pricing is still very attractive and trading quite near the lows of this past summer. Upward pressure is likely to be seen in the NYISO due to the impending closures of the first generator at Indian Point nuclear power plant in […]
Energy Market Update
Electricity Markets Electric prices in all ISO’s dropped pretty significantly over the report week. The run up was likely in part based on the anticipation of cold weather. Most recently predictions are calling for December to be milder than normal. Â
Energy Market Update
Electricity Markets ERCOT continued to climb, facing lingering capacity concern. The remaining ISO’s saw a minimal drop week over week. ISO-NE is about even to where the market was last month. Although NYISO is up since a month ago, in combination with the capacity market, prices are still at attractive levels. Nuclear closures, an uncertain […]
Energy Market Update
Electricity Markets On the heels of climbing natural gas prices, electric prices in all the ISO’s were up over the report week.
Energy Market Update
Electricity Markets Another week of slow downward movement on the electric markets. Markets may see some more easing on prices depending on how natural gas storage performs over the next few weeks. Winter speculation does tend to bring some fear however, so be prepared that fundamentals could always quickly reverse course.