Energy Market Update 8-8-2022
Electricity Markets An increase in natural gas caused a spike in the electric markets. NYISO, ISO-NE and PJM all saw an increase as a reaction to the summer heat.
Electricity Markets An increase in natural gas caused a spike in the electric markets. NYISO, ISO-NE and PJM all saw an increase as a reaction to the summer heat.
Electricity Markets ISO-NE jumped again since last week, now over $.15 kwh. PJM and NYISO remain fairly stable since last week.
Electricity Markets ISO-NE hit all time high, over $.14 kwh. The overall trend continues to be in the upward direction. PJM and NYISO all rebounded week over week from where they were last week at this time.
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Electricity Markets ISO-NE, NYISO are down from last week. Where as PJM is slightly up, but starting to trend downward. From the last few weeks, we are starting to see some relief this summer, however still predicting highs for this upcoming winter.
Electricity Markets ISO-NE, NYISO and PJM are considerably down from last week. Which could be a result of the overall drop in the price of natural gas.
Electricity Markets ISO-NE and NYISO have seen a decrease in prices. While PJM is experiencing higher than expected pricing. Overall natural gas is down, with an increase in Algonquin basis.
Electricity Markets ISO-NE and PJM have seen a gap increase in prices. ISO-NE set new highs for forward prices. However, ISO-Texas saw near term drop because of early drop in Natural gas prices.
Electricity Markets NYISO, ISO NE and PJM are all up from last week. NYISO and ISO-NE forward prices fell a bit for the prompt year, but then increased on the back end.
Electricity Markets NYISO and ISO NE are up from last week. PJM is down slightly, but continues to see elevated prices, up from what we have seen historically.