Weekly Market Update- 6/12/2023
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 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.
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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.
Electricity Markets Forward markets stayed flat over the past week with minimal volatility. Markets should remain favorable in the coming weeks.
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.
Electricity Markets Cooler temperatures and lack of demand over the last week drove down forward pricing across all markets.
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.