Power Management Company Welcomes Lyndsay Quiggle as Executive Sales Manager
Power Management Company, a leading provider of innovative energy solutions, is excited to announce the addition of Lyndsay Quiggle to its team as Executive Sales Manager.
Weekly Market Update- 6/24/2024
Electricity Markets New England and New York forward markets saw a slight increase over the past week. New England increases mainly driven by an increase in Algonquin basis pricing and an increase in liquid natural gas exports. PJM saw a slight decrease, mainly because of increased cloud cover during last week’s heatwave.
Weekly Market Update- 6/17/2024
Electricity Markets Forward markets saw increased volatility over the past week. Northeast markets saw a sizable increase week over week, and are at their highest rates since the start of 2023. Markets continue to trend upward and will likely continue trending upward as scorching heat returns to the Northeast next week.
Weekly Market Update- 6/10/2024
Electricity Markets Forward markets saw a slight increase over the past week. Volatility is beginning to make its way back into the forward markets as we head into the cooling season. The markets continue to trend upward
Weekly Market Update- 6/3/2024
Electricity Markets Forward pricing across all markets saw a sizable drop over the last week. This was largely driven by actual energy demand not meeting market expectation. If expected summer heat materializes, markets could continue to trend upward throughout the summer.
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
Weekly Market Update- 5/6/2024
Electricity Markets Markets were flat over the last week except Texas, which saw a sizable increase as a heatwave continues to grip the South
Weekly Market Update- 4/29/2024
Electricity Markets Forward markets stayed mostly flat over the past week. Texas did see an increase as springtime heat returned to the south. Warmer weather in the coming weeks could put upward pressure on forward pricing.