National
CEOs Show Low Interest in Lowering Carbon
A survey of CEOs by PwC ranks the urgent threats to business growth. Climate change didn’t make the top 10. Read more
Bearfest
According to Commodity Trading Advisor Stephen Schork, some energy futures markets are ripe for a short squeeze. However, markets are also lacking the spark needed to ignite the squeeze. Read more
PJM on the Clock for New Capacity Plan
On December 19, 2019 the Federal Energy Regulatory Commission acted to direct PJM to expand its current Minimum Offer Price Rule (MOPR) to address state-subsidized electric generation resources, with certain exemptions. The move is designed to protect the $10-billion-per-year competitive capacity market… Read more
Weather or Not, Gas Prices Fall
After thirteen weeks into this winter season (Nov-Mar), population-weighted heating degree days are actually above the 10-year average. Read more
The LNG Boom – Bust Cycle Continues
The global average for LNG prices in January is $4.24/mmbtu. This is a far cry from the five-year high of $10.95/mmbtu in September 2019. Read more
Nat Gas Sinks to New Low
The prospect of sub $2.00/mmbtu natural gas in mid January may be difficult for many market followers to grasp. Regardless, it became reality last week as the NYMEX Henry Hub benchmark fell to a 52-week low. Winter storm Jacob was not enough to overcome four consecutive weeks of mild weather across most… Read more
Can You Catch a Trend in Power Markets?
Courtesy of The Schork Group and ENGIE's At The Market weekly report, the week-over-week table below offers trend direction and potential price reversals based on a Parabolic SAR indicator combined with proprietary techniques. Read more
Energy Professionals to Meet in Dallas
Join The Energy Professionals Association at its upcoming meeting in Dallas on January 23. ENGIE is proud to sponsor this nonprofit association that is instrumental in providing market knowledge to help Texas consumers. Read more
Carbon Capture Projects Wait for Tax Guidance
Tax equity investors require a high level of certainty on the availability of tax credits when they invest. This reality has run into a delay regarding carbon capture and storage (CCS) projects. In 2018, the U.S. Congress added tax credits related to CCS with a promise of specific tax guidance before… Read more
20169 Was Quite a Year
2019 is over and it was a newsworthy 12 months for energy. However, a few summaries of 2019 are drawing parallels to 2016. Read more