February 27th, 2023, Victor, NY – Power Management, a leading energy consulting firm, is excited to announce its new membership with the New York State Hospitality & Tourism Association (NYSHTA). As part of its commitment to supporting the industry, Power Management will also be a sponsor and participant in the upcoming Lodging & Destination Advocacy […]
Electricity Markets Forward markets across all regions trended down slightly this week, but overall remain stable. Strong natural gas storage and continued mild weather conditions are main contributing factors.
Electricity Markets Forward pricing across all markets remained stable for a second straight week. Indications are that the forward markets will remain stable over the coming weeks as gas storage remains strong and the weather remains unseasonably warm.
Electricity Markets Forward pricing stabilized this week after increased withdrawals from storage and a return to more seasonal winter temperatures.
Electricity Markets The electric market continued it’s downward trend week-over-week. The underlying cost of gas saw its own dip in light of mild weather and continuing strong storage numbers. Twelve-month forward average rates now mirror costs not seen since mid-2021.
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