Energy Market Analysis for May 2020

Energy Market Analysis for May 2020

In our monthly commentaries, our analyst team breaks down the latest news in both U.S. and international energy markets. Find out our latest insights for May in the reports below, as the energy markets continue to feel the effects of the coronavirus.

New York – May 2020 Monthly Commentary: Learn why NYC summer capacity strip hit an all-time high, and get the latest regional pricing updates in this month’s commentary.

New England – May 2020 Monthly Commentary: Discover how New England energy users can save this summer by strategically lowering site level demand, and find out why Massachusetts Hub forward prices rebounded in April.

Mid-Atlantic – May 2020 Monthly Commentary: PJM load fell 6% year-over-year amid coronavirus lockdowns. Find out what that means for spot prices moving forward, how it will affect customers with block and index products, and more.

Midwest – May 2020 Monthly Commentary: MISO’s 2020/2021 capacity auction showed large increases, including a 10x year-over-year increase in Zone 7. Find out what led to such a drastic change. 

California – May 2020 Monthly Commentary: Learn what California’s record-low electricity demand levels mean going forward and discover the latest on CAISO energy curtailments in this month’s commentary.

Texas – May 2020 Monthly Commentary: Learn how the Four Coincident Peak (4CP) program offers businesses an opportunity to reduce demand charges in 2021, and more in this month’s commentary.

Mexico – May 2020 Monthly Commentary: Find out how coronavirus helped push Mexican natural gas prices to historic lows, learn the CFE’s stance on deferring payments during the pandemic, and more in this month’s commentary.

Authored By The Enel X Team