Market Update 9-12-2022
Electricity Markets ISO-NE, PJM and NYISO came off slightly over the past week due to higher production levels of natural gas.
Electricity Markets ISO-NE, PJM and NYISO came off slightly over the past week due to higher production levels of natural gas.
Electricity Markets ISO-NE, PJM and NYISO all saw another increase over the last week.
Electricity Markets ISO-NE, PJM and NYISO all saw an increase over the last week. This was due to an increase in the underlying NYMEX and Algonquin basis.
Electricity Markets ISO-NE saw a dip week over week due to a drop in forward winter costs. This is partially due to a drop in the 12 Month forward average cost of the Algonquin basis as natural gas remained flat week over week.
Electricity Markets An increase in natural gas caused a spike in the electric markets. NYISO, ISO-NE and PJM all saw an increase as a reaction to the summer heat.
Electricity Markets ISO-NE jumped again since last week, now over $.15 kwh. PJM and NYISO remain fairly stable since last week.
Electricity Markets ISO-NE hit all time high, over $.14 kwh. The overall trend continues to be in the upward direction. PJM and NYISO all rebounded week over week from where they were last week at this time.
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Electricity Markets ISO-NE, NYISO are down from last week. Where as PJM is slightly up, but starting to trend downward. From the last few weeks, we are starting to see some relief this summer, however still predicting highs for this upcoming winter.
Electricity Markets ISO-NE, NYISO and PJM are considerably down from last week. Which could be a result of the overall drop in the price of natural gas.