Energy Market Update: September 18, 2017

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What kind of impact will the recent storms and uncertain winter weather have on demand? 

In this week's Energy Market Update, Tim Bigler — Direct Energy Business Energy Strategist — overviews the calendar year 2018-2019 of NYMEX Prices and Regional electric energy prices.

Watch the video below to learn more.

Winter Natural Gas Prices

There are conflicting forecasts for the upcoming winter. It remains to be seen how temperatures could impact natural gas prices for 2018.

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New England & New York City Electricity Prices

Prices during off-peak times in New England and New York City have come down and are remaining stable despite the NYMEX going up.

California ISO

Despite significant gas and hydroelectric generation, there is a risk premium in place for the California ISO region in 2018. This is based on historical pricing spikes following the 2014 Polar Vortex.

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

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Posted: September 18, 2017