*On 7/18 we sent out a notification to be on alert for peak energy demand potentials for Friday and Saturday. With the increased temperatures, loads were indeed elevated on these days. PJM hit a peak day on Friday hour ending 6pm with a peak demand of 152,315 MW. NYISO hit a peak of 30,397 MW...Continue Reading
Electricity Markets ISO-NE electric prices continue to slide, reaching lows last seen in late winter of 2017. PJM also trailed off over the report week, while NYISO and ERCOT were slightly up and down.Continue Reading
Electricity Markets ISO-NE electric held steady week over week. NYISO, PJM and ERCOT prices all trailed downward. Electric markets all remain very attractive.Continue Reading
Electricity Markets The overall downward trend on the electric market continued although it slowed a bit. ISO-NE was mostly flat over the report week with the slight drop at the end while. NYISO and PJM were both moving downward and signaling a strong time in both markets to lock in prices. As of April 1,...Continue Reading
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.Continue Reading
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...Continue Reading
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...Continue Reading
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...Continue Reading
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.Continue Reading
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...Continue Reading
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. There is an upward trend developing in the NYISO capacity markets tied in part to...Continue Reading
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.Continue Reading
Electricity Markets All ISO’s saw electric prices come down over the report week. ERCOT saw the greatest decrease, however their market remains uncertain as we move into the summer months.Continue Reading
Electricity Markets Only a slight tick up on the electric markets over the report week. Prices have been noticeably stable over the past few weeks.Continue Reading
Electricity Markets Although prices aren’t as low as they have been historically in ISO-NE, there are new dynamics in the New England region that now play a part in the electric price mix. Lack of natural gas pipeline capacity combined with multiple plant retirements make it unlikely that we will get back down to levels...Continue Reading
*Important information for New York State Businesses* NYS is attempting to repeal a longstanding tax exemption for businesses that utilize third party suppliers, or ESCOs, for electric and natural gas service. This repeal is estimated to cost NYS businesses an additional $128 million per year in sales taxes. Please follow the link to support the...Continue Reading
