Electricity Markets All ISO’s saw a gain on the electric market over the report week with the exception of ERCOT. The biggest spike was seen in NYISO, were the Indian Point Unit 2 closure recently took place. The impact of this generation may have been understated and we will see where prices move absent this […]
Electricity Markets With the exception of NYISO, the rest of the ISO’s moved down slightly following lower natural gas prices over the report week. NYISO trended up just slightly, possibly tied to Indian Point being close to going offline.
Electricity Markets Electric markets picked up over the report week. There was a spring up in all markets, smallest being in NYISO, while PJM, ISO-NE and ERCOT all saw a good adjustment. The increase in electric prices is due in large part to the natural gas markets rebounding.
Electricity Markets ISO-NE and ERCOT electric prices continued to climb over the report week while NYISO and PJM flattened out.
Electricity Markets Forward electric prices are up across all markets. The shift can be attributed to the increase in both natural gas and oil prices.
Electricity Markets Electric markets held largely steady for another week in a row. It’s important to remain aware however of market variables in various regions that could begin to impact these low prices. In NYISO, Somerset Coal Plant officially closed its doors, taking 600-700 MW of capacity out of the market. In April, the 1st […]
Electricity Markets The suppressed activity on the energy markets continued into the last week of March. ERCOT was the only market that saw a slight tick up on the electric market, while the other ISO’s held steady.
Electricity Markets The downward trend in the electric and natural gas markets continued over the report week. With the erosion of demand in correlation to the Coronavirus, this should come as no surprise. ERCOT has come down quite a bit, starting to approach last year’s lows. Strong, favorable pricing remains in NYISO, ISO-NE and PJM.
Electricity Markets Pricing held steady across New York, New England, and PJM this past week as the underlying cost of natural gas remains historically low. Texas saw a drop in forward rates after ERCOT announced no concerns for capacity restraints in their spring forecast as well as confidence in their summer season.
Electricity Markets Pricing remains low across ISOs this week as the underlying cost of natural gas continues to be extremely low. Halted LNG exports due to the fear of the Coronavirus are a contributing factor.
Stay Informed.
Let Power Management help achieve your organization’s energy goals. Contact us today.
General Inquiries
Copyright © 2024 Energox All rights reserved.