Market Update 8-29-2022
Electricity Markets ISO-NE, PJM and NYISO all saw another increase over the last week.
Electricity Markets ISO-NE, PJM and NYISO all saw another increase over the last week.
Electricity Markets ISO-NE, PJM and NYISO all saw an increase over the last week. This was due to an increase in the underlying NYMEX and Algonquin basis.
Electricity Markets ISO-NE saw a dip week over week due to a drop in forward winter costs. This is partially due to a drop in the 12 Month forward average cost of the Algonquin basis as natural gas remained flat week over week.
Electricity Markets An increase in natural gas caused a spike in the electric markets. NYISO, ISO-NE and PJM all saw an increase as a reaction to the summer heat.
Electricity Markets ISO-NE jumped again since last week, now over $.15 kwh. PJM and NYISO remain fairly stable since last week.