Weekly Market update 12/26/2022
Electricity Markets A drop in forward pricing was observed across all markets this past week. This downward trajectory is reflective of anticipated long-term warmth anticipated to start in early January.
Electricity Markets A drop in forward pricing was observed across all markets this past week. This downward trajectory is reflective of anticipated long-term warmth anticipated to start in early January.
Electricity Markets Forward markets remained stable over the last week. Cold temperatures were counteracted by modest withdrawal from natural gas storage.
Electricity Markets Volatility in the market continues. Electric markets returned to a more optimal position this week, aided by good storage and warmer weather.
Electricity Markets Markets have stabilized a bit in response to balmy weather.