Electricity Markets Forward electric markets saw some relief from highs experienced last week but are still elevated compared to historic levels. Continue Reading
Electricity Markets All markets saw a move up in forward electric rates. Besides the February 2021 spikes, rates are now the highest they have been in over a year. Continue Reading
Power Management Renews Sponsorship with Gavin Hall for Upcoming 2021 PGA Forme Tour ROCHESTER, NY- June 2, 2021– With uncertainty surrounding The Mackenzie Tour this summer due to the COVID pandemic, the PGA TOUR announced recently that it has launched the Forme Tour for non-Canadian members of the Canada based tour. The US based tour’s schedule will run from June to September, featuring eight 72-hole stroke play events that will receive official world golf ranking points. Hall who placed 2nd at the first qualifying tournament will have full exemption for...Continue Reading
Electricity Markets Most markets saw a slight move up again from last week, as warmer temperatures brought increase strain to the regions.Continue Reading
Electricity Markets NYISO continues to be flat over the week versus all other markets saw an uptick in forward electric pricing. The increase is caused by higher natural gas prices being used for electric generation.Continue Reading
Electricity Markets ISO-NE saw another tick up versus NYISO saw a slight drop in forward pricing. Both PJM and ERCOT saw forward electric pricing remain flat over the week.Continue Reading
Electricity Markets Forward pricing saw a slight move up across most markets in the past week but have been quiet from the highs we saw in February.Continue Reading
Electricity Markets Forward pricing remained fairly flat over the last week as mild weather has kept the underlying cost of gas stagnant. ERCOT experienced a small bump up in response to rising summer costs.Continue Reading
Electricity Markets NYISO, PJM and ISO-NE forward markets are currently trending down in response to continued warmer weather. Energy prices remain competitive for fixed options, particularly in NY. Texas did see a slight rebound up, but a spike similar to February 2021 is not anticipated.Continue Reading
Electricity Markets All forward markets are currently in a downward trend in response to continued warmer weather. Energy pricing remains competitive for fixed options, particularly in NY.Continue Reading
Electricity Markets Forward pricing in PJM and NYISO has come down in response to continued warmer weather. Rates from this time last year are lower than current forwards. Energy pricing remains incredibly competitive for fixed options.Continue Reading
Electricity Markets We have seen Texas come back within normal range as things settle down and are under control. All other markets have seen a decrease over the last week and even compared to a month ago. Rates from this time last year are lower than current forwards.Continue Reading
Electricity Markets Aftershocks in the market were present as a result of last week’s cold that impacted the entire U.S. The worst was obviously present in Texas, and ERCOT still has not recovered, but prices for energy in other ISO’s also skyrocketed. This event will certainly change the way people look at the Texas market and the risks associated with it. As the market continues forward, analysts will be watching further impacts on legislative issues, along with what the investigations will bring for the natural gas and energy markets, in...Continue Reading
