Market Monitor Blog
Your home for commercial electricity and natural gas market news—covering market factors like supply, demand, regulatory affairs, weather, and more.
ISO NE, NYISO Focus on Fixed
Buyers and brokers in ISO New England and NYISO moved in the direction of “risk off” this week. Participants in both markets submitted pricing requests with greater week-over-week interest in fixed-price solutions. Read more
Markets Trending Up
If you are looking for a trend opportunity, technical analysis could help. Three Exponential Moving Averages (TEMA) is a popular technical analysis indicator used to analyze the direction of a market trend. Read more
Raytheon Selects ENGIE for Wind
RTX (Raytheon) has announced an agreement with ENGIE Resources that will provide 100% renewable electricity to 12 of its Texas facilities. The agreement runs through 2033, begins with six locations in Texas in 2024 and expands to 12 locations by 2028. Read more
IPI Edges Higher
The Industrial Production Index (IPI) rose 0.4 percent in March but declined at an annual rate of 1.8 percent in the first quarter. Manufacturing output increased 0.5 percent in March, boosted in part by a gain of 3.1 percent in motor vehicles and parts, and factory output. Read more
RTX signs its largest renewable electricity deal to date
RTX (NYSE: RTX) announced an agreement with a subsidiary of ENGIE North America (ENGIE) that will provide 100% renewable electricity to 12 of the company’s Texas facilities. Read more
PJM Trend Marches On
March may be over, but the trend for PJM marches on. For the fourth consecutive week, buyers and brokers in PJM asked for relatively more pricing requests with some market-based risk. Read more
Trend Spotting
If you are looking for a trend opportunity, technical analysis could help. Three Exponential Moving Averages (TEMA) is a popular technical analysis indicator used to analyze the direction of a market trend. Read more
Inflation Indices Offer Mixed Bag
A pair of leading economic indicators offered a mixed view last week and no clear direction on interest rates. Read more
Big Concerns for Small Business
Since its founding in 1943, the non-profit National Federation of Small Businesses (NFIB) has represented small and independent business owners across the U.S. Today, it also represents stakeholders who are not sold on the economy. Read more
PJM Establishes New Trend
For the third consecutive week, buyers and brokers in PJM were the boldest. Read more