Electricity Markets NYISO, PJM and ISO-NE forward markets are currently trending down in response to continued warmer weather. Energy prices remain competitive for fixed options, particularly in NY. Texas did see a slight rebound up, but a spike similar to February 2021 is not anticipated.
Electricity Markets All forward markets are currently in a downward trend in response to continued warmer weather. Energy pricing remains competitive for fixed options, particularly in NY.
Electricity Markets Forward pricing in PJM and NYISO has come down in response to continued warmer weather. Rates from this time last year are lower than current forwards. Energy pricing remains incredibly competitive for fixed options.
Electricity Markets We have seen Texas come back within normal range as things settle down and are under control. All other markets have seen a decrease over the last week and even compared to a month ago. Rates from this time last year are lower than current forwards.
Electricity Markets Aftershocks in the market were present as a result of last week’s cold that impacted the entire U.S. The worst was obviously present in Texas, and ERCOT still has not recovered, but prices for energy in other ISO’s also skyrocketed. This event will certainly change the way people look at the Texas market […]
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