Weekly Market Update- 4/24/2023
Electricity Markets All forward markets saw a week-over-week increase. The largest jump was seen in New England, which is being driven by the rising cost of the underlying natural gas basis.
Electricity Markets All forward markets saw a week-over-week increase. The largest jump was seen in New England, which is being driven by the rising cost of the underlying natural gas basis.
Electricity Markets Forward markets once again saw another week over week increase, mostly in the Northeast. OPEC curtailment of production could contribute to increases in the forward markets in the near future.
Electricity Markets Forward markets saw an increase week-over-week that is being driven by rising costs in the winter months of 2023-2024. Volatility still remains low in the near-term.
Electricity Markets There was very little movement this week across all forward markets and pricing remains favorable.