NYISO Power Market Update for May 2022 Near-term electricity prices in New York City continue to climb like an Aaron Judge home run that has not reached the apex of its arc. Figure 1 shows calendar ye...
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If you have been shopping for retail power in Texas, then what we are about to report will not come as a surprise. However, if you have not seen wholesale power prices in ERCOT in a few months, you sh...
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On April 1, 2022, the NYISO published the results of the six-month capacity Strip Auction for this coming summer period (May through October), establishing the first auction-based price signal for cap...
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Pennsylvania joins RGGI, Largest Coal-Fired Power Plant Announces Continuation of Operations. On April 23, 2022, Pennsylvania became the 12th member of the Regional Greenhouse Gas Initiative (RGGI), a...
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Over the last few months, these updates have focused on the steady run-up in natural gas prices, and the correlation between US natural gas prices and gas prices in other parts of the world, specifica...
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This month we are taking a break from sharing our own culture corner insights to spotlight the inspiring work of James Rhee and his TED Talk about The Value of Kindness at Work. James recently appeare...
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Time flies when you have great people like Julia Smith on the team, it's hard to believe her one-year anniversary is just weeks away. Take a moment to learn more about Julia’s deregulated power journe...
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For the second year in a row, 5 is spotlighting one of our most innovative and iconic clients, Empire State Realty Trust. Earlier this month, ESRT announced their groundbreaking Empire Building Playbo...
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On behalf of the team at 5, I am pleased to forward our market letter for the first quarter of 2022. In this issue, we continue our focus on the energy transition and the strain that this has put on t...
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