Energy Market Update
Electricity Markets New York experienced isolated volatility in daily pricing but saw little change week over week in the forward average. Texas took another upward leap and is at its highest level since the first week of June.
Energy Market Update
Electricity Markets Most zones saw relatively flat pricing this week. Some day to day volatility tied back to the NYMEX futures.
Energy Market Update
Electricity Markets New England and New York saw decreases in forward pricing. The 12-month average is primarily driven by the near-term months of November to February; outward months and years are still opportune.
Energy Market Update
Electricity Markets ERCOT has once again risen above PJM pricing and ISO-NE has seen another sharp increase this week. This continued trend can be linked to the underlying cost of natural gas.
Energy Market Update
Electricity Markets Electric pricing is up across all markets. New England has extended its steep upward movement with the increase largely tied to the underlying price of natural gas. New York is up from some of the lows that we’ve seen but the opportunity for good forward pricing remains.
Energy Market Update
Electricity Markets Electric prices have increased in all markets; New England is approaching levels not seen since 2015. These increases appear correlated to the underlying price of natural gas.
Energy Market Update
Electricity Markets Over the report week, NYISO and PJM were relativity flat while ISO-NE continued its upward trend.
Energy Market Update
Electricity Markets Although wholesale energy is up a bit week over week in NYISO, capacity is down, making all in price still very attractive. PJM is appearing to handle the summer loads very well with mostly stable prices. There has been very little volatility in this region given the very warm temperatures and they have […]
Energy Market Update
Electricity Markets Electric markets were relatively stable, despite scorching hot temperatures across much of the country that attributed to peaking demand in many of the country’s ISOs. Both NYISO (hour ending 5 p.m.) and ISO-NE (hour ending 6 p.m.) hit their peak demand levels on Tuesday 8/28 and then again were reset on Wednesday 8/29.
Energy Market Update
Electricity Markets NYISO, ISO-NE and PJM all continue to see a very slow trend upward. Â Over the last few years seasonal extremes one way or another for both summer and winter months has driven the markets. ERCOT is still very unsettled with prices all over the board as the region is trying to determine its […]