Energy Market Update
Electricity Markets Energy pricing has remained largely flat over this last week throughout NY, NE, and PJM. The most volatility continues to be seen in Texas as they experience warmer than normal summer temperatures.
Electricity Markets Energy pricing has remained largely flat over this last week throughout NY, NE, and PJM. The most volatility continues to be seen in Texas as they experience warmer than normal summer temperatures.
Electricity Markets ERCOT set a new all-time peak demand record at 74,531 MW. Although Texas has seen some volatility amid the heat, they seem to be handling well versus the previous highs experienced last year when temperatures soared. NYISO, ISO-NE and PJM all remained fairly flat over the report week.
Electricity Markets ERCOT electric prices continued to show summer volatility pressure over the report week. The other ISO’s were mostly flat with minimal movement in any direction.
Electricity Markets ISO New England set a new system peak demand on July 30 hour ending 6pm. The peak was set at 23,972.73 MW, it was enough to surpass the peak hour from July 20, although this was well below the 24,500 MW the ISO forecasted. Each of the ISO’s were down over the report […]