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Energy Market Update: March 6, 2017

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What's the current outlook for natural gas and electricity prices? 

In this week's Energy Market Update, Tim Bigler — Direct Energy Business Energy Strategist — overviews the latest NYMEX natural gas and regional electricity price information. 

Watch the video below to learn more. 

NYMEX Natural Gas Prices 2018-2021

Prices for 2019, 2020 and 2021 are currently around the same with $2.80 continuing to be support. 


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2018/2019 Regional Electric Prices

For 2018, prices in NYISO J and NEEPOOL are significantly higher than other regions. CAISO continues to experience rapid growth in renewables. Current 2019 price information shows similar year-over-year patterns and ranges.

New England Renewables Impact

Growing renewables might have an impact on New England electricity prices going forward. Our Strategic Services team can help your business monitor the market. 

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: March 06, 2017

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