BIG Spikes for NYISO, PJM

April 19, 2021

Buyers and brokers in NYISO and PJM took a walk on the mild side this week.  Both came off last week’s risk appetite ratios of greater than 20% interest in index/flex solutions to fall in line with their counterparts in ERCOT and NEPOOL. Two weeks ago, ERCOT participants were nearly 100% interested in fixed price offers, but last week the ratio is closer to long-term trends.

Risk Appetite Report 4/12/21 – 4/19/21

The risk appetite gauges above reflect the mix of fixed, flex, and index volume that was priced on behalf of customer requests in the period. The total annual MWh priced represents 110,826,871 for customers with peak demand above 750 KWh.