Weekly Market Update 11/14/2022
Electricity Markets Small movement down, continued softening of the market.
Electricity Markets Small movement down, continued softening of the market.
Electricity Markets Continued drop off in pricing, with some leveling off. Almost back to pre-February levels.
Electricity Markets Going against the usual trend heading into winter months, pricing continues downward.
October 26th, 2022, Rochester, NY – Quicklee’s Convenience Stores, headquartered in Avon, NY has opened three level 3 DC Fast Charge, charging stations for electric vehicles, at their Batavia, Belmont, and Avon Travel Center locations. The charging stations were manufactured by Chargepoint, one of the largest Electric Vehicle (EV) charging and open charging network providers in the industry.
Electricity Markets Pricing continued to drop over the past week in all markets, returning to levels not seen since March and April.
Electricity Markets Pricing dropped substantially week over week as the underlying cost of gas tumbled. Winter 22-23 saw the most significant change while outward months heading into next summer and fall remained elevated.
Electricity Markets ISO-NE, PJM and NYISO rebounded to near pricing from two weeks ago despite a strong injection in natural gas storage.
Electricity Markets ISO-NE, PJM and NYISO came off slightly over the past week due to higher production levels of natural gas.
Electricity Markets ISO-NE, PJM and NYISO all saw another increase over the last week.
Electricity Markets ISO-NE, PJM and NYISO all saw an increase over the last week. This was due to an increase in the underlying NYMEX and Algonquin basis.