Every month our analyst team breaks down the latest news in both U.S. and international energy markets. Find out our latest insights in the reports below.
New York Capacity Prices Reach Record High
NYISO capacity prices have ballooned over the past seven months, with summer forward prices recently surpassing $18/kW-month in New York City. Meanwhile, Zone J forward prices have tumbled, and Average New York January Spot Prices hit a 10-year low in January. Find out more about the New York energy landscape in this month’s New York energy market commentary.
New England’s 2023/2024 Capacity Prices Clear at Record Lows
ISO New England capacity prices fell to record lows in the recent Forward Capacity Auction (FCA14) for 2023/24 delivery, while Massachusetts Hub forward prices reached lows not seen in more than a decade. Find out about these topics and the decreasing average spot prices in this month’s New England market commentary.
Mid-Atlantic: PJM Fuel Mix Continues Shift to Natural Gas Generation
From January 2019 to January 2020, PJM saw a large shift in generation from coal to natural gas. Find out why in this month’s Mid-Atlantic market commentary, plus more information on transmission rates, in this month’s Mid-Atlantic energy report.
Midwest: Illinois Clean Energy Jobs Act (CEJA) could have ComEd exit PJM capacity market
Moving to FRR could have major implications on costs in the ComEd market and result in rule changes for third-party suppliers. Find out what these consequences could be in this month’s Midwest market commentary.
Mexico: CFE Rates Down 0.64% in February
CFE’s rates for Basic Service customers in February are up 0.22% and 0.33% year-over-year in capacity and energy. In this month’s Mexico energy commentary, find out the reasons for the change, and why president Andres Manuel Lopez Obrador does not think electricity rates will fall in the near-term.
California: PG&E’s Year in Review
Twelve months have passed since Pacific Gas and Electric filed chapter 11 bankruptcy. Review their difficult 2019 and their 2020 prospects in this month’s California energy commentary.
Texas: ERCOT Power Trading 10% Lower for 2022 vs. 2020
Reserve margin continues to impact power pricing in Texas. Find out how it influenced the latest capacity and demand reserves report, and get more information on natural gas and electricity pricing, in this month’s Texas commentary.
