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WEEKLY MARKET UPDATE
December 5, 2019
Natural Gas

Natural gas futures prices are battling their way back after January 2020 contracts plummeted over 20 cents the day following Thanksgiving.

Today's withdrawal of 19 Bcf brings total gas in storage to 3,591 Bcf. 591 Bcf more than this time last year.
Electricity

The 30 day average price of real time power continues to rise steadily as winter weather continues to settle across the Northeast, now up to $26.68/MWh.

Electricity futures have dropped below $30/MWh for just the 4th time in over 18 months.
 
 
12 & 24 Month NYMEX Strip
12 & 24 Month Zone A Power Strip
 
 
 
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.
 
WEATHER WATCH
 
NOAA 8-14 Day Outlook
NOAA 30 Day Outlook
 
Check out this video explaining community solar from the New York State Energy Research and Development Authority!
 
 
 
 

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