Over the last few years, natural gas has become the fuel on the margin, meaning that the price of natural gas becomes the driver for wholesale electricity prices. Supplies of natural gas and the deliv...
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This week, a major milestone was reached in the natural gas market. For the first time in two years, the amount of natural gas in storage has exceeded the 5-year average. In Figure 1, the 5-year range...
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In New York, natural gas is the new front in the war on climate change. While natural gas is much cleaner than coal, environmental groups argue that expanding natural gas infrastructure (building pipe...
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Since fall officially arrives next week, we‘d like to review what happened in New York’s energy markets over the summer. Two stories are worth mentioning: Peak electricity demand in New York, which se...
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Over the last month, electricity futures in PJM have increased across all calendar years out to 2025. The most dramatic movement has been in the wholesale price of electricity for calendar year 2020. ...
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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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