Energy Market Update 8-23-2021
Electricity Markets Forward rates are down from last week, with a drop in NYSO and PJM markets, as the underlying cost of gas dropped over the report week.
Electricity Markets Forward rates are down from last week, with a drop in NYSO and PJM markets, as the underlying cost of gas dropped over the report week.
Electricity Markets Forward electric prices continue to climb as the underlying cost of gas, coupled with rising temperatures, drive rates higher across the country.
Electricity Markets Forward electric prices continue to rise and are now the highest we’ve seen in most markets since the winter of 2018.
Electricity Markets NYISO, ISO-NE and PJM saw an increase in forward pricing as the underlying cost of gas continues to rise. ERCOT has dropped off as we are exiting the month of July, when prices tend to be the highest.
Electricity Markets Forward electric markets saw some upward movement over the week across all markets.
Electricity Markets Forward electric markets saw little change from last week as prices have seemed to stabilize.
Electricity Markets Forward electric markets saw some relief from highs experienced last week but are still elevated compared to historic levels.
Electricity Markets The heat wave caused an increase in demand, which led to a run up in forward electric rates across all markets.
Electricity Markets  Forward electric markets continue to trend up with the increase demand on the grids.
Electricity Markets All forward electric markets saw a steep move up this past week.