Electricity Markets Forward pricing again increased over the past week, except Texas which saw a slight drop. Gas prices increased over the past week, driving an increase in the electric forward markets. Forward markets have climbed steadily since winter and are expected to keep climbing as this summer is expected to be hot.
Electricity Markets Forward pricing across the Northeast increased over the past week, mainly driven by an increase in near term NYMEX pricing. New England and Texas saw more sizable increases. New England’s was driven by an increase in gas prices, while Texas has seen a sizable spike driven by extreme heat gripping the state. The […]
Electricity Markets Mild temperatures and low natural gas demand kept NY and PJM flat over the last week. NE rose slightly in lue of expected natural gas production cuts. Texas continues to rise because of continued heat and rapid load growth
Electricity Markets Markets were flat over the last week except Texas, which saw a sizable increase as a heatwave continues to grip the South
Electricity Markets Forward markets stayed mostly flat over the past week. Texas did see an increase as springtime heat returned to the south. Warmer weather in the coming weeks could put upward pressure on forward pricing.
Electricity Markets Forward markets increased slightly over the past week, continuing the longer term trend of slow market gains. Forecasts of a warm summer and electric demand increases in outward years are putting upward pressure on electric pricing in 2025 and beyond.
Electricity Markets Forward markets stayed flat over the past week, ending the 4 week run of market gains. Capacity uncertainty and gas production cutbacks loom large into the back half of 2024, but gas storage remains strong
Electricity Markets All forward markets increased week over week, continuing the trend of the past few weeks of market gains. Gains come on the heels of news of a possible warmer summer and production cutbacks
Electricity Markets Forward markets stayed flat over the past week. Market outlook for the coming spring remains good amid strong gas storage surplus
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