Weekly Market Update- 1/30/2023
Electricity Markets The downward trend in the market continued this week as the underlying cost of gas tumbled even further in the near-term. The forward 12M average is now at levels not seen since mid-2021.
Weekly Market Update- 1/16/2023
Electricity Markets Forward markets continue to slide amid the steep decline in the underlying cost of gas. Prolonged warmer temperatures have been a major contributing factor.
Weekly Market Update 1/9/2023
Electricity Markets Markets continued their downward trend, returning to levels not seen since the beginning of 2022. Continued warmth across the East Coast and Europe continues to take pressure off of gas markets.
Weekly Market update 1/2/2023
Electricity Markets Markets continued their downward trend from last week in anticipation of continued warmth across the East Coast.