National
ENGIE at EEI National Workshop
ENGIE is proud to power the EEI Spring National Key Accounts Workshop in Seattle April 7-10 with clean, renewable energy. As part of our commitment to achieving net zero by 2045, we donated Green E-certified Renewable Energy Certificates (RECs) from Priddy Wind Project to support this important industry… Read more
Where Will Gas Go?
Just when $2.00/mmbtu was in sight for the May contract, a weak underground storage report brought back the bears. After last week’s EIA report of an underwhelming withdrawal from storage, the Henry Hub NYMEX benchmark prompt immediately dropped 4% to $1.77/mmbtu. Read more
Market Trends
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
Renewables Prove Reliable
Despite what some critics think, wind and solar are leading the way regarding reliability in extreme winter weather conditions. Analysis from three significant winter storms paints a positive picture for planet-friendly power. Read more
Economic Indicators Improve, but…
Leading economic indicators increased in February 2024 for the first time since February 2022. The Leading Economic Index (LEI) from The Conference Board reports a 0.1 percent increase in February. Read more
Market Trends
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
Gas Surplus Marches On
Working gas in underground storage continues to put distance between current levels and the five-year maximum and minimum range. Last week’s EIA report saw a rare injection for this timestep. In fact, double-digit withdrawals are more common for early March. Read more
Warmest Winter on Record
Below normal temperatures and a dose of early spring snow made headlines last week, but the dynamic will be short-lived. The 6-10 day forecast from NOAA shows above normal temperatures for major heating demand markets. Read more
Wholesale Inflation Surprise
The producer price index (PPI) increased by 0.6%, the largest increase since September. Read more
U.S. Nuclear Capacity Rebound
After starting the year with capacity outages that were higher year-over-year in January, the U.S. nuclear reactor fleet has responded with lower outages. Read more