Weekly Market Update- 2/26/2024
Electricity Markets There was some small upward movement in forward markets over the past week. Markets still remain extremely strong in spite of recent news of natural gas production cuts.
Electricity Markets There was some small upward movement in forward markets over the past week. Markets still remain extremely strong in spite of recent news of natural gas production cuts.
Electricity Markets Forward markets dropped significantly over the past week. This decrease was largely driven by the combination of continued mild weather and strong natural gas production. This strong trend could continue in the coming weeks.
Electricity Markets Forward markets were down slightly over the past week. Natural gas production has held steady and mild temperatures over the past week have kept forward markets strong. PJM at lowest rates since August of 2021.
Electricity Markets Forward markets stayed flat over the past week. All forward markets have remained in sync over the past month, mainly driven by changes in Natural gas pricing.