Energy Market Update
Electricity Markets NYISO, PJM and ERCOT all remained generally flat week over week. ISO-NE spiked up but should come as no surprise as we tend to see these swings and volatility just prior to approaching the winter months.
Energy Market Update
Electricity Markets ERCOT flattened over the report week, however current electric prices remain elevated after the lingering heat and lack of wind. The situation in Texas is a prime example of how quickly a stabilized market can become disrupted. Electric prices in ISO-NE and PJM and NYISO were all down, with NYISO reporting the largest […]
Energy Market Update
Electricity Markets PJM & ISO-NE saw upward movement on the electric markets while ERCOT retreated slightly before also moving up again. NYISO on the other hand moved down.
Energy Market Update
Electricity Markets Electric has continued a slow and steady increase driven up by natural gas prices, trailing off slightly before the end of the report week. ERCOT continues to face concerns over enough generation to meet the needed load. In addition to the population growth in Texas, with no capacity market, and a large amount […]
Energy Market Update
Electricity Markets Forward electric markets were driven up over the report week, in part on the heels of higher natural gas prices. All ISO’s saw upward movement with near term energy prices most effected. In addition to the energy component, capacity prices in NYISO are up as well, further driving up the all-in price.
Energy Market Update
Electricity Markets ISO-NE electric prices continues to fall, remaining favorable for those who have yet to secure hedging positions moving into the winter season. NYISO was also down on the heels of cooler weather. PJM was flat while ERCOT experienced elevated prices and continues to remain volatile with the presences of hotter temperatures.
Energy Market Update
Electricity Markets Energy pricing has remained largely flat over this last week throughout NY, NE, and PJM. The most volatility continues to be seen in Texas as they experience warmer than normal summer temperatures.
Energy Market Update
Electricity Markets ERCOT set a new all-time peak demand record at 74,531 MW. Although Texas has seen some volatility amid the heat, they seem to be handling well versus the previous highs experienced last year when temperatures soared. NYISO, ISO-NE and PJM all remained fairly flat over the report week.
Energy Market Update
Electricity Markets ERCOT electric prices continued to show summer volatility pressure over the report week. The other ISO’s were mostly flat with minimal movement in any direction.
Energy Market Update
Electricity Markets ISO New England set a new system peak demand on July 30 hour ending 6pm. The peak was set at 23,972.73 MW, it was enough to surpass the peak hour from July 20, although this was well below the 24,500 MW the ISO forecasted. Each of the ISO’s were down over the report […]