Market Monitor Blog
Your home for commercial electricity and natural gas market news—covering market factors like supply, demand, regulatory affairs, weather, and more.
NYISO, ERCOT Claim the Extremes
Supply pricing requests for ERCOT had the biggest move again for the week, dropping from a 12% interest in index/flex products to 4%. Read more
ERCOT North Traders Sing Different Tune
One year ago in mid-November, traders in ERCOT North Real Time Peak Daily Fixed Price futures and options were 97% long in their overall positions held. Read more
Groups Pen GHG Letter to President-Elect
A group of nearly 30 industry and non-government organizations have sent a letter to President-elect Joe Biden urging new funding and legislation to reduce greenhouse gas emissions. Read more
Nat Gas Stocks Exit Strange Territory
Working natural gas in storage has settled back into familiar territory. For three consecutive weeks, the inventory is back within the five-year range. Read more
How Green is Your Ride?
If you want to know if your auto is green or mean, here is an interactive website that may answer the question. Read more
Consumer Confidence Slips
The latest Conference Board Consumer Confidence Index fell month-over-month from 101.4 to 96.1. The drop indicates slowing growth in 4Q. Read more
First Dose of Winter Arrives
The first significant snowfall with accompanying strong winds is forecast for the Great Lakes and Northeast this week. The forecast is good news for gas bulls as this winter has thus delivered a deficit of Heating Degree Days compared to historic norms. Read more
ERCOT Makes a Move
Supply pricing requests for ERCOT had the biggest move this week, climbing from a 4% interest in index/flex products to 12%. Read more
2021 Power Demand Up 1%
In EIA’s latest Short Term Energy Outlook, C&I electricity demand in 2021 looks a lot like 2020. Read more
EIA: Gas Bull Looms
EIA forecasts that U.S. working natural gas in storage is poised to swing from a surplus to the five-year average to a deficit before the heating season ends in March. Read more