Archive for the ‘Markets’ Category

Northeast/NY Energy Prices this Week 1

Jan 6

We have heard from partners and customers across NY state this week who are expressing concern about energy price volatility reported in the news. Let’s put this week’s energy price volatility in perspective. It is true that, as Bloomberg reported, power prices shot up over $1,000/MWh yesterday. Bloomberg also reported (and Crain’s re-printed) news of […]

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NYISO Real Time Locational Based Marginal Price 1

Nov 20

This is one small data point… but nevertheless it is an interesting view of where power markets are right now, where they have been. Now, the question is, where will they go?    

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Energy Market Update: May 2015 Results 1

Jun 17

  We aren’t in the business of making predictions. But we are interested in reporting on what’s happening in energy markets, and then considering what that information may hold for customers. Since the Winter energy market spikes in January and February, markets have been relatively calm, as you can see from the NY Independent System […]

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How to Benefit from Energy Market Movements 1

Jan 22

There is a simple, straight forward process for lowering energy costs starting right now. It hasn’t been accessible to customers or consultants in the past. It is now. We reviewed that process and a powerful tool to deliver on that process during our Webinar titled 3 Steps to Savings: How to Take Advantage of Falling […]

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Power Market Update: October 1, 2014 1

Oct 1

Market Summary Power prices have increased since last week. Winter forward prices (January, February, March 2015) are driving the entire forward strip higher. All other (non-Winter) months are at or near historical lows. News on gas prices is mixed since last week. Natural gas markets are up today after reports of cooler weather heading into […]

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Just when you thought it was safe…. 1

Jul 12

To get back involved in energy markets… we get this news. There’s a new cold front rolling through the Great Lakes and East Coast which will bring remarkably cold weather– 10-20 degrees below normal.       In addition, as this Forbes article describes, international affairs have further contributed to volatility and market uncertainty. Forward […]

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Market Update: June 2014 1

Jun 30

Here’s an update on day ahead clearing prices for New York State through May 2014, and a graphic that shows the capacity auction clearing prices for the summer strip. Let’s just say we’re living in interesting times. Day Ahead Clearing Prices The NYISO has published their latest market statistics in their May Monthly Report. Day […]

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Energy Market News: May 2, 2014 1

May 2

Here’s a round up of what was happening this week in energy markets: First, an interview with Commissioner Philip Moeller on the status of Energy Regulation at FERC; Second, a look at political discord swirling around the new capacity zone that was put in place in New York State; and finally an effort from the Governor […]

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Current State of Electricity Markets 1

Jan 22

Gas prices are up higher than they’ve ever been. Historic highs. That’s what we’re talking about here. Fuel cost spikes like these cause a great deal of volatility in gas and power markets. There has been an impact on both the forward and day-ahead markets. Here’s a story that gives you a sense for the […]

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Looking to buy power? Today is not the day. 1

Dec 16

  Take a look at the recent run-up in electricity forward curves.     There are a number of reasons for this run-up: weather, speculation, gas withdrawals. Bloomberg’s article “Hedge Funds’ Natural Gas Bets Jump as Thermometer Drops: Energy“ summarizes all of the reasons for the run-up. We may see Winter power prices drop when […]

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