Weekly Market Energy Report: April 11, 2019

NYS Increases Clean Energy Standard Charges

Natural Gas

Little movement for natural gas in the last week. Down around 4 cents today puts us right near where we were last week with May gas at $2.66/MMBtu.

Today the EIA announced an injection of 25 Bcf of gas into storage. Total gas in storage is now 485 Bcf behind the 5 year average.

Electricity

Real time power prices have stayed low for the past week. The 30 day average remains below $30/MWh at $27.98.

A little bump to electricity futures this week as the 12 month strip rose by 40 cents to $34.70/MWh.

Charts

Click on a thumbnail to see a larger version:

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.

Read the Full Report