There are two things we were watching closely this summer: The temperature and its impact on the ERCOT reserve margin. Tariff updates from the delivery companies. In terms of the weather and ERCOT res...
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Many states throughout the country, especially along the East Coast, have aggressive plans to construct solar and wind farms to produce electricity. States such as New York and Maryland have establish...
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Over the last two weeks, there has been a significant increase in the price of prompt month (October) natural gas. Since the beginning of the year, prompt month gas prices had been declining. That sli...
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There’s been a lot of news around the natural gas market this past month. Most of that news has been bad for producers and good for buyers of the commodity. Natural gas injection quantities have, as e...
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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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