Weekly Market Update- 12/18/2023

Weekly Market Update- 12/11/2023

Electricity Markets New England markets slightly trended up last week, while all other forward markets were down week over week. PJM and NY have nearly converged to smallest difference since early 2021. All forward markets have generally been flat or trending down over the past few months.  

Weekly Market Update- 12/4/2023

Electricity Markets Forward markets trended downward generally over the past 2 weeks. Texas markets briefly surpassed New England markets for only the third time since mid-2020. New England market continues a strong downward slide, mainly driven by a lack of major weather events. All forward markets consolidating to smallest margins since mid-2021  

Weekly Market Update- 11/20/2023

Electricity Markets Forward markets increased slightly over the past week. New England saw its first week over week increase in almost a month. There has been plenty of daily variability in forward pricing, but week to week the changes have been minimal. No big moves expected in forward markets over the next week as we […]

Weekly Market Update- 11/13/2023

Electricity Markets Forward markets across all regions were down from last week. New England saw the largest decrease, which is being driven by a drop in the Algonquin basis. Forward markets could stay stable for the near future as warmer weather is on the horizon, coupled with NYMEX prompt month prices near $3/dth.  

Weekly Market Update- 11/6/2023

Electricity Markets Forward markets in New England were down for a 3rd week in a row, while PJM and NY were up over last week. Texas has remained stable over the past few weeks after a volatile summer, but still at highest levels since last December. PJM and NY have continued their general upward trend. […]

Weekly Market Update- 10/16/2023

Electricity Markets All forward markets increased over the past week, which was largely driven by the increase in the underlying NYMEX. NY markets in general have experienced a gradual increase since march, largely because of built in premiums as a result of capacity uncertainty.  

Weekly Market Update- 10/9/2023

Electricity Markets All forward markets except NY came down over the past week. However, NY and PJM continue to trend upward with time and are slowly consolidating. New England markets showed a sizable decrease, mainly driven by the basis. Extended cold could cause the markets to spike.  

Stay Informed.

Subscribe to Newsletter

Copyright © 2024 Energox All rights reserved.

Power Management
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.