Protection Beats Participation

October 10, 2022

When it comes to market-based risk, protection from it is beating participation in it. NEPOOL and PJM market participants showed the highest interest in market-based risk. Buyers and brokers in NYISO once again led the interest in “risk off” with a strong preference for fixed price solutions. ERCOT participants continued the on again, off again pattern with a dramatic drop in their risk appetite compared to previous weeks.

Risk Appetite Report 10/3/22 – 10/7/22

The risk appetite gauges above reflect the mix of fixed, flex, and index volume priced on behalf of customer requests in the period. The total annual MWh priced represents 213,686,023 for customers with peak demand above 750 KW.