Weekly Market Update- 7/24/2023
Electricity Markets Forward markets increased again over the past week, and can be expected to continue to increase of heat continues to settle in long term across the majority of the country.
Electricity Markets Forward markets increased again over the past week, and can be expected to continue to increase of heat continues to settle in long term across the majority of the country.
Electricity Markets Forward markets increased slightly over the past week. Texas forward markets saw a more sizable increase as heat returned to the south.
Electricity Markets Forward markets were quiet over the last week. All regions saw a slight decrease. Texas experienced a larger drop as record heat finally subsided. The difference between PJM and NY pricing has gradually decreased over the last few months.
Electricity Markets Forward markets in NY and PJM increased over the last week, while they decreased in New England and Texas. Overall, all forward markets have generally trended upward as we head into summer. Texas forward markets still remain elevated in comparison to the previous few months as near record heat settles in across the […]
Electricity Markets Forward markets remained quiet across the Northeast over the past week. However, Texas forward markets experienced a sizable spike that was driven by near record heat. Elevated forward markets in Texas are expected to last into the next week as higher temperatures settle in across the Southern Plains.
Electricity Markets Forward markets started the week quiet, but spiked as a result of a below normal natural gas storage report. All forward markets dropped week over week except for New England.
Electricity Markets Forward markets trended slightly upward across all regions over the past week. In terms of the overall trends, Forward pricing still remains good and forward markets continue to remain quiet.
Electricity Markets Markets trended downward slightly over the past week. Forward pricing continues to stay in this extended normal trend that has been observed the past few months, still at lows not seen since 2021. Forward pricing markets continue to look strong out into the future.
Electricity Markets Slight downward trend in forward markets over the past week. Week over week volatility has continued to remain low with minimal factors in play influencing large swings in the market.
Electricity Markets Forward markets have continued to stay flat over the past few weeks. Minimal volatility and favorable weather have kept forward markets stable.