Commodity Market Report
Cold start to winter: ERCOT short term outlook November 2018
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Report summary
This winter is off to a colder-than-normal start with associated impacts to power markets. Average daily demand balances for the month of November have been much stronger over same time last year. Regional gains were spread across much of the Eastern Interconnect while markets in the WECC were more mixed. Prices across ISO-NE cleared at a premium to much of New York and PJM in November, as heating demands began to drive pressure on local pipeline constraints.
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