Energy Market Update
Electricity Markets Not much change across the electric ISO’s which was somewhat surprising as the patterns usually follow natural gas which has been quite volatile as of late.
Electricity Markets Not much change across the electric ISO’s which was somewhat surprising as the patterns usually follow natural gas which has been quite volatile as of late.
Electricity Markets All ISO’s saw very slight dips down on the electric market as natural gas fundamentals moved prices down.
Electricity Markets Both electric and gas markets are trending up. ERCOT specifically continues to experience market volatility. ISO-NE has also climbed somewhat significantly over the past few weeks.
Electricity Markets ERCOT and ISO-NE rose week-over-week in response to the increased underlying cost of gas.
Electricity Markets Electric markets showed minimal activity over the report week, with just minor decreases across each of the ISO’s.
Electricity Markets Electric prices are starting to march up, tied to the increase in the prices of natural gas. ISO- NE, NYISO & PJM are all trending upwards. Texas has shown the most volatility also related to high loads and increased temperatures.
Electricity Markets Quiet week over all with very slight increase in electric prices. Relatively tight range in comparison to last week when there was a more dramatic uptick in prices driven by the price of natural gas. The report week brought multiple peak demand alerts for ERCOT as heat peaked throughout the week.
Electricity Markets Forward pricing rose across all markets this past week in correlation with a dramatic increase in the underlying cost of natural gas. Uncharacteristically, ERCOT, which had dropped near $.015/kwh month-over-month due to the lack of a volatile July, took a sharp turn back up unrelated to summer heat.
Electricity Markets The report week brought slight gains in each of the electric markets. Overall forward prices for PJM markets have been ticking higher as the Ohio nuclear bailout issue continues to cause uncertainty. The summer is not over but ERCOT pricing has remained in check as its grid has performed very well so far […]
Electricity Markets ERCOT forward electric market came way down over the report week, even with the warm temperatures and high loads. Wind generation has been constant and given comfort to TX, causing prices to level out. The remaining ISO’s are all down week over week. It’s a positive sign that there have been no big […]