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Weekly Market Update
January 14, 2021
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.
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.