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. Continue Reading
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. Forward markets have started to consolidate over the past few weeks. Continue Reading
Electricity Markets Forward markets were slightly down for a second week in a row. New England forward pricing currently sits at lowest pricing since August of 2021, driven by low spot pricing and low gas prices Continue Reading
Electricity Markets All forward markets moved down slightly over the past week. Week to week movement continues to be minimal as a lack of big shocks to the market has contributed to lengthy stability. Continue Reading
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. Continue Reading
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. Continue Reading
Electricity Markets Forward markets remain mostly flat, if not slightly down across the Northeast. Texas forward markets went up over the last week as heat continues to bake the Southern Plains. Markets continue to remain calm as there are minimal forcing mechanisms moving markets at the moment. Continue Reading
Electricity Markets Forward markets remain mostly flat, if not slightly down across the Northeast. Texas forward markets went up over the last week as heat continues to bake the Southern Plains. Markets continue to remain calm as there are minimal forcing mechanisms moving markets at the moment. Continue Reading
Electricity Markets Forward markets were slightly elevated over the past week, but continue to remain within a normal range. The underlying NYMEX has gone up over the past few weeks, and has driven a slow and steady increase in NY and PJM forward markets. Tighter natural gas storage also contributed to forward market increases over the past week. New England has remained mostly flat over recent weeks despite the increase in oil prices Continue Reading
Electricity Markets Forward markets were slightly down over the past week. New England has continued to remain stable since the winter. Good underlying market conditions continue to contribute to the strong market. NY and PJM markets continue to tighten as we head into winter. Eroding storage surplus could loom large for markets in the coming months. Continue Reading
Electricity Markets Forward markets in the Northeast increased slightly over the past week. Texas forward markets saw a drop, but still remain volatile as the heat sticks around across the South. We could see volatility in forward markets heading into the fall as the natural gas storage surplus erodes. Continue Reading
Electricity Markets Forward markets trended slightly downward this week. Forward markets in the Northeast have been flat and calm, mainly because of seasonal weather. Texas continues to remain volatile and saw a large increase over the last week as scorching heat continues to grip the South. The same factors causing volatility in Texas are still in play and could contribute to market swings in the Northeast in the near future. Continue Reading
Electricity Markets Forward markets trended slightly downward this week. Mainly being driven by the NYMEX coming down over the last week. New England has remained stable in spite of oil prices increasing. Texas forward pricing still volatile because of the persistent heat across the Southern United States. Continue Reading
Electricity Markets Forward markets trended slightly upward this week, mainly driven by an increase in the NYMEX. Texas saw a sizable increase as a result of sustained heat that continues to grip the South. Not as many major swings in forward pricing in the Northeast as major heat is lacking in the region. Continue Reading
Electricity Markets Forward markets trended slightly downward over the past week. Lengthy market stability continues. Not many factors pushing volatility right now. PJM and NYISO forward markets continue to tighten up. Continue Reading
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. Continue Reading
Electricity Markets Forward markets increased slightly over the past week. Texas forward markets saw a more sizable increase as heat returned to the south. Continue Reading
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. Continue Reading
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 South. Continue Reading
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. Continue Reading
