Electricity Markets![](https://www.powermgt.com/wp-content/uploads/2021/12/FWD-ELEC.jpg)
All ISOs saw a slight tick upward however ISO-NE saw a larger jump up in forward electric rates this week.
![](https://www.powermgt.com/wp-content/uploads/2021/12/TEMP-V-PRICE.jpg)
Mild temperatures lead to a quiet week in daily pricing markets.
Natural Gas Markets
![](https://www.powermgt.com/wp-content/uploads/2021/12/NYMEX-1.jpg)
2022 saw very little movement as NYMEX rates remained steady with the lack of volatility in weather conditions this week.
Futures as of 12/15/2021 versus previous week:Jan-22 | $3.802 | -$0.013 |
Feb-22 | $3.761 | -$0.013 |
Mar-22 | $3.668 | +$0.010 |
Apr-22 | $3.602 | +$0.027 |
May-22 | $3.615 | +$0.031 |
Jun-22 | $3.660 | +$0.032 |
Natural Gas Inventory
![](https://www.powermgt.com/wp-content/uploads/2021/12/STORAGE-1.jpg)
As of Friday, December 10, 2021 working gas in storage was 3,417 Bcf. According to EIA estimates this represents a net decrease of 88 Bcf from the previous week.
The Baker Hughes exploration gas count is down one rig from the previous week for a total of 104 rigs. This is 25 more rigs than the 79 in operation at this time one year ago.
Weather Update
![](https://www.powermgt.com/wp-content/uploads/2021/12/weather-1.jpg)
Warmer than normal temperatures are expected in the middle and Southwest CON US with the rest of the country seeing normal or below normal temperatures.