Energy Market Update 6-7-2021
Electricity Markets All markets saw a move up in forward electric rates. Besides the February 2021 spikes, rates are now the highest they have been in over a year.
Electricity Markets All markets saw a move up in forward electric rates. Besides the February 2021 spikes, rates are now the highest they have been in over a year.
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Electricity Markets Most markets saw a slight move up again from last week, as warmer temperatures brought increase strain to the regions.
Electricity Markets ISO-NE finally saw some downward movement in forward markets while both NYISO AND PJM saw upward trends this week.
Electricity Markets Besides ERCOT, all other markets saw an increase in forward electric rates.
Electricity Markets ISO-NE continues to see an increase in forward rates while all other markets were flat over last week.
Electricity Markets NYISO continues to be flat over the week versus all other markets saw an uptick in forward electric pricing. The increase is caused by higher natural gas prices being used for electric generation.
Electricity Markets ISO-NE saw another tick up versus NYISO saw a slight drop in forward pricing. Both PJM and ERCOT saw forward electric pricing remain flat over the week.
Electricity Markets Forward pricing saw a continued upward trend across most markets.
Electricity Markets Forward pricing saw a slight move up across most markets in the past week but have been quiet from the highs we saw in February.