WEATHER: NEAR NORMAL TEMPERATURES THROUGH MID-MARCH HAVE WE HIT THE BOTTOM OF THE NATURAL GAS MARKET? NATURAL GAS MARKET PRICES CREEP HIGHER DESPITE GOOD STORAGE NUMBERS. EIA: NATURAL GAS STORAGE REPORT Electricity: PJM BGE HUB FORWARD POWER PRICING Electricity: PJM AD HUB PRICING 2023 Electricity, which usually runs parallel to Natural Gas in market movement,…
DetailsFEBRUARY 2023: Electricity Insights After adjusting for inflation, costs for major U.S. utilities to produce electricity rose 6% in 2021 due to rising fuel costs. Electricity production costs declined for several years as natural gas prices fell and new low-cost renewable generators came online. However, the cost to deliver electricity across transmission and distribution lines…
DetailsNatural Gas Market Continues to Dominate Headlines! WEATHER: COLD FRONT PUSHING THROUGH GREAT PLAINS AND UPPER MIDWEST With the onset of Winter Storm Olive, the gas and electricity markets have slightly increased, with Natural Gas moving above $2.50. This will likely continue for the next few days unless the system moves north or breaks apart.…
DetailsThe PJM’s proposed rule change will help ensure that load-serving entities are charged for capacity based on a reliability requirement that reflects actual reliability needs in a manner consistent with supply and demand fundamentals, FERC said in the 3-1 decision. The complete story b>>
They’ve become cheaper, more efficient, and don’t rely on materials from China: why a made-in-Ohio solar panel technology is poised to take off.
Mild weather and impressive storage numbers keep the natural gas price low. GAS KEEPS DROPPING IN MILD WEATHER, AND SURPLUS STORAGE NATURAL GAS STORAGE IS NOW 16.8% HIGHER THAN LAST YEAR. NATURAL GAS STORAGE REPORT A BIT OF COOLER AIR IS MOVING IN FROM THE NORTHEAST Cold weather from Western Canada will bleed into the…
DetailsAccording to new federal data, Connecticut’s air quality suffers from fossil fuel emissions from ten other states, including Maryland, New Jersey, New York, and Pennsylvania. #data #quality #airquality #airqualitymonitoring
DetailsTHE NATURAL GAS MARKET CONTINUES TO BOUNCE ALONG THE FLOOR NEAR $2.50 A STRONG EASTERN RIDGE OF WARM AIR KEEPS DEMAND DOWN. NATURAL GAS STORAGE REPORT THE US REMAINS COLDER IN THE WEST, WARMER IN THE EAST The natural gas market continues to bounce near $2.50 thanks to warmer weather in the East and substantial…
DetailsNATURAL GAS: FROM $9.35 IN SEPTEMBER TO $3.11 IN JANUARY, THE NYMEX HAS FALLEN FAR THE MARKET REMAINS VOLATILE ON COMPETING INDICATORS. A WARMER FORECAST IN THE EAST REDUCES THE DEMAND FOR ELECTRICITY AND NATURAL GAS NATURAL GAS: FUTURES PRICING FOR THE NEXT YEAR HAS COLLAPSED The market for future months has dropped by about…
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