Weekly Market Energy Report: October 25th, 2019 - EnergyMark LLC

Weekly Market Energy Report: December 12, 2019

December 13, 2019

Electricity Futures at Year Lows

Natural Gas

Natural gas futures prices continue to trend downward. January 2020 contracts have fallen over 10 cents since last week down to $2.243/MMBtu.

Today’s withdrawal of 73 Bcf was slightly smaller than anticipated and moves total gas in storage 14 Bcf behind the 5 year average.

Electricity

The 30 day average price of real time power is down over $1/MWh from last week to $25.12/MWh.

Electricity futures have plunged lower as the 12 month strip has dropped below $29/MWh. The lowest the strip has been in 2019.

Charts

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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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