Energy Market Update 2/7/2022
Electricity Markets All electric markets have seen a steady increase in pricing over the last few weeks. The cost of natural gas remains high as winter weather is lingering, pushing the price of electricity up.
Electricity Markets All electric markets have seen a steady increase in pricing over the last few weeks. The cost of natural gas remains high as winter weather is lingering, pushing the price of electricity up.
Electricity Markets All markets saw a move up as underlying natural gas rates put pressure on the cost of electricity.
Electricity Markets All markets saw a drop in forward electric rates as the winter storm passed from earlier in the week.
Electricity Markets All markets saw a sharp move up over the past week with the cost of natural gas driving the markets up.
Electricity Markets ISO-NE saw another bump up this week all other ISOs are down from the previous spike up that was seen a few weeks ago.
Electricity Markets All ISOs saw a slight tick upward however ISO-NE saw a larger jump up in forward electric rates this week.
Electricity Markets All ISOs saw a drop in forward electric rates as natural gas and weather conditions remained stable.
Electricity Markets Forward electric pricing continues its decline across all ISOs as the underlying cost of gas dropped substantially over the last two report weeks.
Electricity Markets ISO-NE pricing rebounded slightly week over week as winter pricing rose in response to increased natural gas pricing into the region due to the Algonquin basis.
Electricity Markets Forward electric saw another small dip week over week as the underlying cost of gas continues to fall.