Weekly Market Energy Report: January 14, 2021 - EnergyMark LLC

Weekly Market Energy Report: January 14, 2021

January 15, 2021

Electric Prices Creeping Higher

Natural Gas

Natural gas futures are up again slightly from last week. Rumors of a possible polar vortex are adding some uneasiness into the market but have not caused any major shakeups this week.

Despite a slightly larger than expected withdrawal from storage, natural gas futures are now trending slightly downward today.

Electricity

Real time power prices continue to trend higher this week as they have for several weeks now. The 30 day average is up to $24.18/MWh.

Electricity futures are up slightly from last week after a brief drop and correction back. The 12 month strip is up to $27.11/MWh.

Charts

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Disclaimer
This document is intended for indicative purposes only. All information contained within this report is acquired from third-party sources and EnergyMark makes no representations or warranties, express or implied, as to the accuracy of the information provided herein. EnergyMark is not liable for any actions or decisions made in reliance on the information provided in the report.

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