Energy News 5-10-2021
Electricity Markets ISO-NE continues to see an increase in forward rates while all other markets were flat over last week.
Electricity Markets ISO-NE continues to see an increase in forward rates while all other markets were flat over last week.
Electricity Markets NYISO continues to be flat over the week versus all other markets saw an uptick in forward electric pricing. The increase is caused by higher natural gas prices being used for electric generation.
Electricity Markets ISO-NE saw another tick up versus NYISO saw a slight drop in forward pricing. Both PJM and ERCOT saw forward electric pricing remain flat over the week.
Electricity Markets Forward pricing saw a continued upward trend across most markets.
Electricity Markets Forward pricing saw a slight move up across most markets in the past week but have been quiet from the highs we saw in February.
Electricity Markets Forward pricing remained fairly flat over the last week as mild weather has kept the underlying cost of gas stagnant. ERCOT experienced a small bump up in response to rising summer costs.
Electricity Markets NYISO, PJM and ISO-NE forward markets are currently trending down in response to continued warmer weather. Energy prices remain competitive for fixed options, particularly in NY. Texas did see a slight rebound up, but a spike similar to February 2021 is not anticipated.
Electricity Markets All forward markets are currently in a downward trend in response to continued warmer weather. Energy pricing remains competitive for fixed options, particularly in NY.
Electricity Markets Forward pricing in PJM and NYISO has come down in response to continued warmer weather. Rates from this time last year are lower than current forwards. Energy pricing remains incredibly competitive for fixed options.
Electricity Markets We have seen Texas come back within normal range as things settle down and are under control. All other markets have seen a decrease over the last week and even compared to a month ago. Rates from this time last year are lower than current forwards.