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Energy Market Update: January 23, 2017

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What's the latest with regional power prices? 

In this week's Energy Market Update, Tim Bigler — Direct Energy Business Energy Strategist — overviews the various factors impacting 2018 regional around-the-clock electricity prices. 

Watch the video below to learn more. 

2018 Regional Around the Clock Power Prices

While increased plant efficiency and lower consumption have helped drive down power prices, there will likely be more plant retirements in the near future. If new natural gas-fired power plants aren't incentivized to come online, there may be a floor to how much lower power prices will fall. 

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Given that power prices in certain key regions are at the lowest point in nearly a year, it may be a good time to monitor closely and seek strategic guidance. 

Stay tuned to the Direct Energy Business Blog for the latest energy market news and information. 

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Tim Bigler, Senior Market Strategist at Direct Energy Business, is a 30+ year veteran of the U.S. natural gas, electric, and oil market.

Posted: January 20, 2017