Over the past two months in Texas, we have witnessed our dream summer: a July where there was plenty of rain across the state, where North Texas didn’t see an official 100-degree day until July 31st, ...
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Over the last four weeks, wholesale power futures in New York have risen but remain in an attractive position to make near-term purchases. Figure 1 shows wholesale calendar prices for 2020 through 202...
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In February 2019, Maryland’s state legislature introduced Senate Bill 516. This bill was passed by the Maryland Assembly and became law in May 2019 without Governor Hogan’s signature. This new law, kn...
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Electricity futures in PJM have decreased over the course of the summer and are favorable for making longer term purchases. Figure 1 shows electricity futures prices at the PJM West trading hub (South...
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How much farther will natural gas prices fall? Of course, no one really knows the absolute answer to that question. But in the near-term, the answer may be $2.40/Dth. Figure 1 shows the NYMEX trading ...
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The state of New York has been aggressive in its attempts to de-carbonize the state’s economy. Its goal is to reduce carbon dioxide emissions 40% by 2030 and 80% by 2050 relative to levels in 1990. Ev...
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Usually, hot summer weather starts to take hold in Texas during the month of June. In most years, the temperature climbs steadily throughout that month with average temperatures at the end of June abo...
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On behalf of the team at 5, I am pleased to forward our market letter for the second quarter of 2019. The beach is a great place to find some wind and not just to fly a kite. In fact, many Northeaster...
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As battery power storage pricing drops, new installation goals and incentive programs are emerging. New York State is pushing for 1.5 gigawatts (GW = 1000 MW) of storage capacity by 2025, and 3 GW by ...
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