Commodity Market Report
Impacts of rising commodity prices: Midwest power and renewables November 2021 STO
Report summary
Power markets are surging in 2021 due to significantly stronger fuel prices. With natural gas prices expected near $5/mmbtu for the next few months, volatility risk remains into 2023, particularly in the northeast. New features included in this short-term outlook: - Highlights for some of the largest incoming new generators. - Upcoming transmission projects to monitor. - Power prices impacts from multiple gas price scenarios. - Discussion on limitations facing the PJM coal fleet and its impact on power prices.
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