Weekly Market Update- 5/27/2024

Weekly Market Update- 5/27/2024

Electricity Markets Forward pricing again increased over the past week, except Texas which saw a slight drop. Gas prices increased over the past week, driving an increase in the electric forward markets. Forward markets have climbed steadily since winter and are expected to keep climbing as this summer is expected to be hot.  

Weekly Market Update- 5/20/2024

Electricity Markets Forward pricing across the Northeast increased over the past week, mainly driven by an increase in near term NYMEX pricing. New England and Texas saw more sizable increases. New England’s was driven by an increase in gas prices, while Texas has seen a sizable spike driven by extreme heat gripping the state. The […]

Weekly Market Update- 5/13/2024

Electricity Markets Mild temperatures and low natural gas demand kept NY and PJM flat over the last week. NE rose slightly in lue of expected natural gas production cuts. Texas continues to rise because of continued heat and rapid load growth  

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