Electricity Market The wholesale electric market did not see much movement from last week’s report. NYISO slightly decreased while NEISO and PJM remained steady. ERCOT saw a drop-off, as additional capacity projects are planned to come in service between 2018 and 2022.   Spot market pricing on the day-ahead shot up in PJM, while NEISO...Continue Reading

Electricity Market The electric market has shown some volatility, but it is still a good time to hedge. ISO-NE remains flat, while NYISO and PJM moved up slightly from last week. These markets haven’t seen a spike since the cold weather in January. ERCOT, however, continues to climb as a result over concern from the...Continue Reading

Electricity Market Wholesale electric prices over the report week were overwhelmingly flat, with the exception of ERCOT which again moved higher. In addition to the coal plant closure announcements and nervousness about load reliability during the summer, the economy in Texas has been heated. Energy prices in this market are unrestrained which could cause some...Continue Reading

When evaluating natural gas contracts, one component that you may consider is the suppliers offering of swing options.  Swing refers to your business being able to go above or below the amount to be supplied, while still being billed or credited for any used/unused volume at your fixed or index price. Sometimes also referred to...Continue Reading

The price consumers pay for electric supply is made up of a series of components. Although the price of wholesale energy is often the focus, it is actually only a portion (recently 50% or less) of the overall cost. One element that has recently increased significantly, especially in the New England market, is capacity. Capacity...Continue Reading