Market Snapshot: November 14, 2022

 Electricity Headlines: Forward Power Price Forward power prices were down in all regions besides ERCOT and CAISO which saw increases of 3.3%-4.1% and 3.2%-3.5%, respectively. MISO prices fell 1.3%, and PJM fell between 0.8%-.0.9%  The EIA reported that U.S. electricity customers averaged seven hours of power interruptions in 2021  Weather: Outlook for November 14-20: Colder…

TPI Takeaway Market Snapshot: October 24, 2022

Ohio Electricity Rates More than Double By Summer Ohio FirstEnergy customers will see their electric billsย rise starting next summer, as the Akron-based utility has purchased someย of its electricity at more than twice the price itโ€™s paying now. During the October 4th auction, FirstEnergy agreed to pay an average price of $122.30 per megawatt-hour for delivery…