Energy Market Update 5-9-2022
Electricity Markets  All electric markets saw another step up in forward electric prices. PJM saw a large spike, now trading over ISO-NE.
Electricity Markets  All electric markets saw another step up in forward electric prices. PJM saw a large spike, now trading over ISO-NE.
Electricity Markets  The underlying cost of natural gas is driving all electric markets up as the tensions with Russia and Ukraine continue.
Electricity Markets All electric markets, with the exception of ERCOT, saw another step up.
Electricity Markets Forward electric markets saw another large jump up this past week. Cooler weather and higher cost of underlying natural gas due to continued political tensions are the cause.
Electricity Markets All forward electric markets saw another week of higher forward pricing as colder weather lingers pushing natural gas rates up too.
Electricity Markets All forward electric markets remain extremely elevated with little relief in sight as the tensions continue with Ukraine and Russia.
Electricity Markets All markets saw another move up in forward electric rates. The continued tensions with Russia and Ukraine, along with increased natural gas rates are pushing electric prices higher each week.
Electricity Markets Electric markets remain elevated with the continued political tensions, despite a small drop in NYISO and ISO-NE.
Electricity Markets All electric markets saw a continued climb up as the geopolitical tensions remain with Russia and the Ukraine.
Electricity Markets  All electric markets saw a large jump up over the last week as tensions grow with Ukraine and Russia.