Market Monitor Blog
Your home for commercial electricity and natural gas market news—covering market factors like supply, demand, regulatory affairs, weather, and more.
Arctic Blast Arrives
An early blast of arctic weather is forecast to hit much of the U.S. this week. Read more
Blame Bessie
Global primary energy intensity is an important indicator of how heavily the world’s economic activity uses energy. In 2018, it improved by just 1.2 percent — the slowest rate since 2000 — according to a report from the International Energy Agency. Read more
Energy Efficiency Slows
Global primary energy intensity is an important indicator of how heavily the world’s economic activity uses energy. In 2018, it improved by just 1.2 percent — the slowest rate since 2000 — according to a report from the International Energy Agency. Read more
Solar, the Winner in ERCOT Peak Demand Drama
While wind power in Texas is expected to produce 24 percent of ERCOT’s total generation in 2020, solar may have emerged as the winner in this summer’s record peak demand. Read more
Risk Appetite Report: ERCOT Makes Most News
After taking last week off, ERCOT buyers are right back on top of the headlines. Buyers in this market reduced their appetite for risk by dropping from a 15% ratio to 9%. In other words, ERCOT decision makers asked for pricing requests on fixed price products for 91% of the overall volume that was priced. Read more
Watching Real Time and Historic Price Action
Did you know that ENGIE Resources offers a free online look at real-time and historical electricity pricing data? Are buyers using this tool to follow the market and make moves? Read more
Proud to Support Syracuse Monopoly
ENGIE Resources is proud to support the Food Bank of Central New York as a sponsor of the Syracuse Monopoly game. Read more
Yes, We Are Splitting Atoms
U.S. nuclear power generation outages this past week were near the bottom of the five-year range. Read more
Major Gas Traders Increase Net Long Stake
Major commercial traders of natural gas futures and options are net long by the largest ratio in four years at this timestep. Read more
Winter Starts with Double Digit Degree Day Differential
The 2019-2020 winter heating season has roared in. Population-weighted heating degree days (HDDs) for week one and the forecast for week two have been accompanied by a 20-cent jump in Henry Hub CME NYMEX spot natural gas prices. Read more