Energy Market Update
Electricity Markets  NYISO electric prices took another small slide over the report week. ISO-NE and PJM remained flat while ERCOT saw a slight tick up.
Energy Market Update
Electricity Markets Electric prices continued to soften over the report week. Capacity across the board is down as is the wholesale cost of energy. NEISO slipped to the lowest levels it has seen since February/March 2018. PJM was traded at levels last seen at the end of 2017. ERCOT has yet to see any change […]
Energy Market Update
Electricity Markets NEISO took another slide and hit the lowest levels the ISO has seen in over a year. As of June 1st after several years of increasing pricing in the capacity markets, all NE regions will see relief going forward. There was some up and down action in the remaining regions as NYISO, PJM […]
Energy Market Update
Electricity Markets Electric prices dipped over the report week. 12-month average prices in PJM are closing in on NYISO. The middle of summer ’18 was the last time forward prices for NEISO were at a level similar to what we are currently seeing. There has been a drop in future years as well, helping to […]
Energy Market Update
Electricity Markets Another fairly quiet week for the electric markets. ISO-NE, PJM and ERCOT were slightly down and then ended the report week about even with last week. NYISO was the one exception and stepped up a small amount.
Energy Market Update
Electricity Markets PJM electric prices fell over the report week while NYISO was about even to last week. PJM & NYISO used to be much more tightly traded. However, the past few years NYISO has pulled away, tied in large part to downstate nuclear plant closures creating upward pressure. ERCOT took a slide and for […]
Energy Market Update
Electricity Markets The electric markets came up just slightly over the report week. Over the past few weeks the near-term prices have slowly come down, while the out years (2020,2021,2022) have been steadier without much change from week to week. Â There is an upward trend developing in the NYISO capacity markets tied in part to […]
Energy Market Update
Electricity Markets All electric ISO’s took a slide over the report week and prices are attractive. It’s unlikely that the markets will get back to the historically lower levels seen over the past few years as the fundamentals like plant closures have changed the game.