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Lion-Like March Turns Around Spot Markets

March 05, 2019

Year-to-date population-weighted Heating Degree Days are nine percent above the ten-year average and the NOAA forecast for the week ending March 9 calls for a week that is almost 50% colder than normal.  The result is an increase in electricity spot markets across the territories that ENGIE serves, bringing almost every region in patterns that can be considered uptrends.