Insights

Electricity

Winter Events – El Niño

This winter we are currently in an El Nino pattern which typically brings warmer-than-average temperatures and more precipitation for the Northeast.  

Read More »
Electricity

Drivers of Wholesale Electricity Prices

In general, the two main drivers of wholesale electricity prices in New England are the cost of fuel used to produce electricity and consumer demand. Power Plant Fuel: Natural gas dominates electricity generation in New England, accounting for 52% of total power production in 2022. This reliance on natural gas makes wholesale electricity prices closely

Read More »
Electricity

Hurricane Season and the Energy Market

Hurricanes and tropical storms can have significant effects on the energy market due to their potential to disrupt both the supply and demand sides of natural gas and electricity. 

Read More »
Scroll to Top