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Sep 22 2020

Wholesale Changes: FERC Approves DERs

Wholesale electricity markets have a new competitor. With last week’s announcement of Order No. 2222, FERC has approved distributed energy resources (DER) aggregators to compete in regional wholesale electricity markets. Read more

Sep 22 2020

Texas Avoids Peak Repeat

Summer 2020 was no 2019 in ERCOT. One year ago, the state saw record peak electricity demand and prices. This year, the heat wave did not take a vacation, at least in Houston. Read more

Sep 22 2020

Consumer Confidence Offers Positive Indicator

Consumer sentiment in the U.S. has reached its highest level since March. According to the University of Michigan index, the reading of 75.9 is up from 74.1 month-over-month and surpassed analyst expectations. Read more

Sep 22 2020

Natural Gas Plunge Makes History

Henry Hub NYMEX October natural gas spot prices have completed a major one-month drop. The contract hit $2.74/mmbtu on August 28 and plunged to below $1.88/mmbtu on September 21. Gas in storage appears certain to enter the winter at near record levels. This fundamental appears to weigh more heavily on… Read more

Sep 14 2020

Join Experts for Empire State Energy Outlook

Join us on September 15th at 1 p.m. ET as Stephen Schork — editor of The Schork Report and ENGIE’s weekly At The Market report — and David Weakley — ENGIE’s Senior Business Development Managers — as they discuss the power and gas market updates in New York. Read more

Sep 14 2020

Outlier: New Jersey Industrial Demand

There is one C&I market among the competitive regions served by ENGIE that has experienced an increase in demand. Industrial demand in New Jersey for the month of June is up 5% year-over-year. Read more

Sep 14 2020

Below Normal Temps Ahead

While every major competitive market is above normal in terms of cooling degree days (CDDs) for the summer, a cool front is forecasted through mid-September. Read more