Weekly Market Update 10/24/2022
Electricity Markets Pricing continued to drop over the past week in all markets, returning to levels not seen since March and April.
Weekly Market Update 9/26/2022
Electricity Markets Pricing dropped substantially week over week as the underlying cost of gas tumbled. Winter 22-23 saw the most significant change while outward months heading into next summer and fall remained elevated.
Market Update 9-19-2022
Electricity Markets ISO-NE, PJM and NYISO rebounded to near pricing from two weeks ago despite a strong injection in natural gas storage.
Market Update 9-12-2022
Electricity Markets ISO-NE, PJM and NYISO came off slightly over the past week due to higher production levels of natural gas.
Market Update 8-29-2022
Electricity Markets ISO-NE, PJM and NYISO all saw another increase over the last week.
Market Update 8-22-2022
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.
Market Update 8-15-2022
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.
Energy Market Update 8-8-2022
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.
Energy Market Update 8-1-2022
Electricity Markets ISO-NE jumped again since last week, now over $.15 kwh. PJM and NYISO remain fairly stable since last week.
Energy Market Update 7-25-22
Electricity Markets ISO-NE hit all time high, over $.14 kwh. The overall trend continues to be in the upward direction. PJM and NYISO all rebounded week over week from where they were last week at this time.