Weekly Market Update- 1/16/2023
Electricity Markets Forward markets continue to slide amid the steep decline in the underlying cost of gas. Prolonged warmer temperatures have been a major contributing factor.
Weekly Market Update 1/9/2023
Electricity Markets Markets continued their downward trend, returning to levels not seen since the beginning of 2022. Continued warmth across the East Coast and Europe continues to take pressure off of gas markets.
Weekly Market update 1/2/2023
Electricity Markets Markets continued their downward trend from last week in anticipation of continued warmth across the East Coast.
Weekly Market update 12/26/2022
Electricity Markets A drop in forward pricing was observed across all markets this past week. This downward trajectory is reflective of anticipated long-term warmth anticipated to start in early January.
Weekly Market update 12/19/2022
Electricity Markets Forward markets remained stable over the last week. Cold temperatures were counteracted by modest withdrawal from natural gas storage.
Weekly Market update 12/12/2022
Electricity Markets Volatility in the market continues. Electric markets returned to a more optimal position this week, aided by good storage and warmer weather.
Weekly Market Update 12/5/2022
Electricity Markets Markets have stabilized a bit in response to balmy weather.
Weekly Market Update- 11/28/22
Electricity Markets Markets moved up dramatically this week in response to cold weather.
Weekly Market Update 11/21/2022
Electricity Markets Slight market movement back up this week. No dramatic volatility in the markets this week as a result of the colder weather.
Weekly Market Update 11/14/2022
Electricity Markets Small movement down, continued softening of the market.