In 2018 ISO New England announced plans for two new ancillary charges, Mystic Cost of Service & ISO-NE Winter Reliability.
The United States is undergoing a shift in its electricity generation, commonly referred to as the “grid mix.” To put it in perspective, there has been a 68% decline in coal-fired generation from 2010 to 2020. In New York City, a large effort is underway to harness clean energy solutions with ambitious sustainability goals. NYC
As we head into the last weekend of February, New England is shaking off Winter Storm Olive which brought snow, rain, and strong winds to the region. Overall, February’s mild temperatures in the Northeast and Midwest has kept natural gas storage withdrawals to a minimum. Yesterday saw a 71 Bcf withdrawal according to the U.S.
Last week, we saw the price of Natural Gas fall to an 18 month low as mild weather in the Midwest and Northeast gave way to lower heating demand and an 11 bcf storage injection. This mild weather pattern is not expected to last much longer as winter is preparing a comeback. NOAA’s long
December’s temperature outlook has shifted into a much “warmer than normal” trend for the East Coast and Midwest. Weather has been a considerable influence in the market of late and day to day forecasts have a significant role in market volatility. For more insight on the electric and natural gas markets, feel free to send
How will federal, state, and private sector goals impact the cost of renewable energy and retail energy prices?
A new Executive Order will help protect the grid from cyber dangers, but will the ripple effect impact electricity costs?