Energy Market Update

Energy Market Update

Electricity Markets ISO-NE continues to see a slight upward trend, however overall the summer months are usually a quieter time in this region. ERCOT prices came down over the week but remains volatile. With the Texas economy doing well, this has led to load growth. In 2011 a similar pattern arose when the area was […]

Energy Market Update

Electricity Markets ERCOT electric pricing has now surpassed ISO-NE for the time being as they climbed from the lowest priced market to the highest that we report on. The remaining markets saw little change throughout the week.

Energy Market Update

Electricity Markets There was an uptick in forward electric prices across the board. ISO-NE has been on a steady march upward over the last few weeks. ERCOT again saw another big jump as warm weather and continued uncertainty about how the coal plant closures could be even more dramatic if there is a warm summer […]

Press Release: Website Launch

POWER MANAGEMENT COMPANY ANNOUNCES LAUNCH OF NEW WEBSITE Power Management introduces a new website, more effectively conveying their core services to users Victor, NY- May 21, 2018 – Power Management Company (PMC) is proud to announce the launch of their new website www.powermgt.com. The new site more clearly illustrates the services Power Management offers such […]

Energy Market Update

Electricity Market NYISO electric was quiet over the report week & PJM saw just a very slight increase. ISO-NE electric moved up a fair amount and ERCOT saw another big jump. Back in October prices were in the $0.025 range, now they are closing in at $0.036 -$0.037.

Energy Market Update

Electricity Market Not much change in the way of electric forward in NYISO and PJM. Just perhaps a slight uptick in NEISO and ERCOT. Texas may see some relief as the estimated peak summer electricity usage and maximum generation capacity has increased by a small amount due to three power plants that weren’t expected to […]

Energy Market Update

Electricity Market ISO-NE & PJM have experienced a steady tick up on prices over the last few weeks, likely tied to increased oil and natural gas prices, although this report week did see some slight relief from this upward trend. NYISO continues to remain steady, providing a good opportunity to look at forward prices and […]

Energy Market Update

Electricity Market Prices in the eastern markets slowly continue to move higher while ERCOT prices have stabilized a bit. The day-ahead market saw some relief over the report week with cold weather starting to subside.   Natural Gas Markets The May ‘18 NYMEX future contract expired on Thursday April 26th at $2.821. The market ticked […]

Updated Capacity Tag Charges Going into Effect

In addition to the wholesale cost of energy, other items such as capacity combine to make the total cost of a customer’s electric bill. A portion of a customer’s capacity payment is determined by what is referred to as a Capacity Tag (can also be called peak load contribution (PLC), Installed Capacity (ICAP) or peak […]

Energy Market Update

Electricity Market NYISO and PJM saw almost no change week over week. ISO- NE also continues to be relatively steady, no big movements around the forward price of energy. However, forward quotes still may come in higher than expected in this region due to capacity, ancillaries, RECS and other factors. These are not going away […]

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