The market price for oil has been consistently bearish since global oil demand destruction conversations began in early March. On Monday, April 20th, that outlook manifested itself into a day that oil...
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There is often both good and bad news anytime commodity markets are volatile. The bad news: Earlier this month, the NYISO (the entity in charge of economically maintaining the electricity system in Ne...
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Unlike ERCOT, which relies solely on the price of energy to ensure sufficient supply, the PJM market, ISO-NE, and the NYISO all rely on capacity payments to ensure that there is enough electricity gen...
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In light of the impact of the Coronavirus on business operations, we are sharing information about Coronavirus and Contract Disputes circulated by the law firm Sidley & Austin. It provides a high-leve...
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Over the past month, there have been a few regulatory developments that will affect generators, their amount of generating capacity and the cost of that capacity throughout New York State. Recently, t...
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This week PJM proposed a plan and schedule to resume its suspended capacity auctions. If everything goes as planned, the next PJM capacity auction process using the new Minimum Offer Price Rule (MOPR)...
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On Sunday, March 8th, the NYMEX natural gas market opened at approximately $1.67/MMBtu. By the early morning hours of Marh 9th, it dropped down to almost $1.60 and ended the day up about 9¢, at $1.78/...
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There is good news for Texas electricity buyers. The falling price of West Texas Intermediate crude oil, coupled with the threat of an economic slow-down caused by COVID-19, has put downward pressure ...
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With 2019 finally behind us, it’s time to reflect on how spot/index prices settled last year in Texas and then examine how those prices are shaping the current forward market. In 2019, index prices in...
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