Fix It

October 23, 2023

Buyers and brokers in NEPOOL, NYISO and PJM are on a risk diet.  Market participants from all three have shown next to no interest in market-based risk including index or flex products in recent weeks. NYISO leads the way with 99% of pricing requests focused on fixed price.  ERCOT again showed a considerable appetite for risk but far less than the previous week.

 

Risk Appetite Report 10/16/23 – 10/20/23

 

The risk appetite gauges above reflect the mix of fixed, flex, and index volume priced in the period for customers with peak demand above 750 KW.