Electricity Markets Cold winter weather has started impacting many different markets, but as you have likely heard, the effects are most severe in Texas. On February 15th, ERCOT declared an Energy Emergency Alert (EEA) level 3, which initiated rolling blackout events. This has been a serious historical energy event for the state. The cold has […]
Electricity Markets The widespread extended cold spell is driving the spot markets up and, in turn, the forward markets have followed. These colder temperatures have led to increases across the board, and, if you are on index or variable rate models, you can expect to see higher prices as a result. ERCOT electric prices have […]
Electricity Markets February started off cold and is seeing strength in the markets as a result. ISO-NE certainly moved higher on the heels of the significant increase in the Algonquin basis. Similar strength in pricing was observed across the ISOs as the underlying NYMEX costs increased throughout the week. Near-term concerns are really driving these […]
Electricity Markets PJM & NYISO electric prices were up just slightly over the report week, while ISO-NE and ERCOT saw larger movements upward.
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