Energy Market Update
Electricity Markets Pricing fell across all ISOs as the underlying cost of gas dropped over the last market week.
Energy Market Update
Electricity Markets Pricing continued to rise across all ISOs in relation to the underlying cost of gas. Texas saw the most dramatic increase as peak summer rates continue to climb.
Energy Market Update
Electricity Markets Electricity continued to experience a slight rebound this week as sustained winter temperatures and conditions were observed throughout most of the US.ISO-NE held its 14th forward capacity auction for 2023-2024 and cleared at $2.00/KW-month. This will continue the downward descent of forward capacity pricing in the region which currently stands at $7.03/KW-month, slated […]
Energy Market Update
Electricity Markets Electricity rebounded slightly across all markets as near-term pricing reacted to a brief rise in the underlying cost of natural gas.
Energy Market Update
Electricity Markets The downward trend continues with a softer slope than has been observed in previous weeks. ISO-NE, heavily affected by near-term lows, is at some of its most competitive levels in the last decade. Forward fixed rates remain extremely attractive even when comparing relatively higher outward year pricing.
Energy Market Update
Electricity Markets All markets experienced a similar drop in pricing as the near-term underlying cost of gas falls in response to limited demand in the face of mild winter weather. The forward 12M average of ISO-New England is particularly affected by the unseasonably low trading cost of this winter’s electricity. Though winter 2020-2021 is still […]
Energy Market Update
Electricity Markets Continued mild temperatures and steady low gas futures led to a quiet week across most electric markets. ERCOT saw another bump upwards in response to rising summer 2020 prices.
Energy Market Update
Electricity Markets Electric markets saw a small bump upwards over the last market week but month over month continue to remain extremely competitive. Pricing across all regions has been primarily driven by the low underlying cost of natural gas. ISO-NE’s forward average is highly reflective of uncharacteristic near-term lows; 2021 rates of this same timeframe […]
Energy Market Update
Electricity Markets Electric markets continue to trend down and are now reminiscent of pre-2017 levels. Mild winter weather has kept the underlying cost of natural gas low and volatility isolated to short spikes in the daily markets.