Energy Market Recap – Wrapping up November 2024
The energy markets in November showcased a mix of bullish and bearish factors, driven by high storage levels, dynamic weather patterns, and fluctuating production levels.
The energy markets in November showcased a mix of bullish and bearish factors, driven by high storage levels, dynamic weather patterns, and fluctuating production levels.
The rapid growth of artificial intelligence (AI) and data-driven technologies has caused a surge in power consumption, forcing companies to rethink their energy strategies. To
In October, the natural gas market faced a range of dynamics, with prompt-month NYMEX futures prices settling at $2.31 per MMBtu—a $0.25 decline, suggesting weaker
Artificial intelligence (AI) is driving a massive transformation in global energy consumption, with its increasing computational demands reshaping the energy landscape. This shift is expected
In the week ending September 27th , NYMEX natural gas prices rose across the board, with the November contract starting strong at $2.902/MMBtu. Hurricane Helene
The PJM capacity market is designed to ensure that there is always enough electricity available to meet future demand, particularly during peak usage times, such
In August 2024, the natural gas market in the U.S. experienced fluctuations due to a combination of factors. A major heat wave hit the Midwest
As we discussed in our previous article, the supply portion of your electricity rate is made up of several key components: ancillary, transmission, capacity, and
Over the past few months, we’ve experienced some of the hottest summer temperatures since the 1950s. June 2024 set a new record as the hottest
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