Commodity Market Report
Rising commodity prices continue to propel power prices: Midwest power and renewables April 2022 short-term outlook
Report summary
The second half of 2021 was marked by power prices surging on the back of strong year-on-year increases in natural gas prices. After winter 2022’s excitement was confined mostly to the northeast, gas price futures have taken off over the past month, creating upside potential across the country. With natural gas prices trading near $7/mmbtu for the next few months, expect volatility risk to remain high well into 2023. Over that same time period, the stack will continue its transition towards renewables as a large swath of coal capacity retires, primarily in PJM and MISO, while wind and solar projects are slated to come online in their stead. Features included in this short-term outlook: - Comments on natural gas fundamentals - Power prices impact from multiple gas price and demand scenarios - Highlights for some of the largest incoming new generators - Upcoming transmission projects to monitor
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
North America gas weekly update: Henry Hub searches for a lifeline
Storage surplus continues to expand
$1,700
Insight
Mexico gas, power and renewables service: 2023 in review
With increased energy demand and climate effects testing electrical system resilience, how did Mexico's power and gas markets do in 2023?
$1,050
Commodity Market Report
Power prices face downward pressure in the short term: Midwest power and renewables October 2023 short-term outlook
After a slow start to 2023, extreme heat over the summer finally brought with it some volatility, but this was mostly felt in ERCOT.
$2,000