Weekly Market Update- 5/15/2023
Electricity Markets Forward markets stayed flat over the past week with minimal volatility. Markets should remain favorable in the coming weeks.
Weekly Market Update- 5/8/2023
Electricity Markets Forward markets dropped slightly over the last week, but rebounded over the weekend. Forward markets have still generally trended upwards over the last 3 months.
Weekly Market Update- 5/1/2023
Electricity Markets Cooler temperatures and lack of demand over the last week drove down forward pricing across all markets.
Weekly Market Update- 4/24/2023
Electricity Markets All forward markets saw a week-over-week increase. The largest jump was seen in New England, which is being driven by the rising cost of the underlying natural gas basis.
Weekly Market Update- 4/17/2023
Electricity Markets Forward markets once again saw another week over week increase, mostly in the Northeast. OPEC curtailment of production could contribute to increases in the forward markets in the near future.
Weekly Market Update- 4/10/2023
Electricity Markets Forward markets saw an increase week-over-week that is being driven by rising costs in the winter months of 2023-2024. Volatility still remains low in the near-term.
Weekly Market Update- 4/3/2023
Electricity Markets There was very little movement this week across all forward markets and pricing remains favorable.
Weekly Market Update- 3/27/2023
Electricity Markets There was a slight downward trend in forward markets over the last week and volatility has decreased in comparison to most of 2022. The market continues to remain in optimal, and now is still a good time to look at pricing
Weekly Market Update- 3/20/2023
Electricity Markets There was minimal movement in the market over the last week. After extended market volatility, the market appears to be entering a quiet period as a result of the warm winter and increased gas production. Now is still a good time to take positions into the future.
Weekly Market Update- 3/13/2023
Electricity Markets The market has stabilized this week amid typical seasonal temperatures and a strong injection into natural gas storage. This comes on the heels of observing the largest week-over-week forward average pricing increase in nearly 3 months.