Energy Market Update
Electricity Markets On the heels of climbing natural gas prices, electric prices in all the ISO’s were up over the report week.
Energy Market Update
Electricity Markets Another week of slow downward movement on the electric markets. Markets may see some more easing on prices depending on how natural gas storage performs over the next few weeks. Winter speculation does tend to bring some fear however, so be prepared that fundamentals could always quickly reverse course.
Energy Market Update
Electricity Markets ISO- NE prices soften a bit, although the recent run ups can be attributed to elevated Algonquin basis gas prices. As the NYMEX remains attractive, so does NYISO electric prices. The upside risk for ERCOT over the next few years (2021-2023) especially in the summer months remains, as tight generation reserves are likely […]
Energy Market Update
Electricity Markets ERCOT remained flat week over week, while the remaining electric markets all moved up slightly.
Energy Market Update
Electricity Markets NYISO, PJM and ERCOT all remained generally flat week over week. ISO-NE spiked up but should come as no surprise as we tend to see these swings and volatility just prior to approaching the winter months.
Energy Market Update
Electricity Markets ERCOT flattened over the report week, however current electric prices remain elevated after the lingering heat and lack of wind. The situation in Texas is a prime example of how quickly a stabilized market can become disrupted. Electric prices in ISO-NE and PJM and NYISO were all down, with NYISO reporting the largest […]
Energy Market Update
Electricity Markets PJM & ISO-NE saw upward movement on the electric markets while ERCOT retreated slightly before also moving up again. NYISO on the other hand moved down.
Energy Market Update
Electricity Markets Electric has continued a slow and steady increase driven up by natural gas prices, trailing off slightly before the end of the report week. ERCOT continues to face concerns over enough generation to meet the needed load. In addition to the population growth in Texas, with no capacity market, and a large amount […]
Energy Market Update
Electricity Markets Forward electric markets were driven up over the report week, in part on the heels of higher natural gas prices. All ISO’s saw upward movement with near term energy prices most effected. In addition to the energy component, capacity prices in NYISO are up as well, further driving up the all-in price.
Energy Market Update
Electricity Markets ISO-NE electric prices continues to fall, remaining favorable for those who have yet to secure hedging positions moving into the winter season. NYISO was also down on the heels of cooler weather. PJM was flat while ERCOT experienced elevated prices and continues to remain volatile with the presences of hotter temperatures.