Energy Market Update
Electricity Markets Electric markets continue to feel the volatility of winter temperatures and natural gas demand as prices jump up and down week over week.
Energy Market Update
Electricity Markets The electric markets reacted to the shift up in weather pattern. Forward prices rebounded from last week driven by near term increases for February and March.
Energy Market Update
New charges coming to the NE electric market Clean Peak Program (CPP)Â – (MA only) As mentioned over the summer, the Massachusetts Legislature passed bill H.4857 aimed to promote a clean energy future. The new law changes concern renewable requirements and all MA customers and suppliers will be affected by these increases. Each supplier may […]
Energy Market Update
Electricity Markets Pricing continued to decline for the second week running in response to warmer-than-normal weather for this time of year. New York, New England, and PJM are now in line with late-October to early-November pricing making this an opportune time to review fixed rate options for the upcoming year.
Energy Market Update
Electricity Markets All electric markets saw mid-week drops in forward pricing over the last seven days due to higher-than-normal temperatures and corresponding dips in the NYMEX. Temperatures trended closer to the historic average at the end of the week and placed upward pressure on the electric market. NYISO, PJM, and ERCOT pricing is below the […]