Weekly Market Update- 9/25/2023

Weekly Market Update- 9/25/2023

Electricity Markets Forward markets remain mostly flat, if not slightly down across the Northeast. Texas forward markets went up over the last week as heat continues to bake the Southern Plains. Markets continue to remain calm as there are minimal forcing mechanisms moving markets at the moment.  

Weekly Market Update- 9/18/2023

Electricity Markets Forward markets were slightly elevated over the past week, but continue to remain within a normal range. The underlying NYMEX has gone up over the past few weeks, and has driven a slow and steady increase in NY and PJM forward markets. Tighter natural gas storage also contributed to forward market increases over […]

Weekly Market Update- 9/11/2023

Electricity Markets Forward markets were slightly down over the past week. New England has continued to remain stable since the winter. Good underlying market conditions continue to contribute to the strong market. NY and PJM markets continue to tighten as we head into winter. Eroding storage surplus could loom large for markets in the coming […]

Weekly Market Update- 9/4/2023

Electricity Markets Forward markets in the Northeast increased slightly over the past week. Texas forward markets saw a drop, but still remain volatile as the heat sticks around across the South. We could see volatility in forward markets heading into the fall as the natural gas storage surplus erodes.  

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