Energy Market Insights for June 2020
Every month in our Energy Market Insights, our team looks at markets around the country and analyzes the latest events and market moves. In this month’s Insights, find out the latest from New England, California, Mexico and more.
New England: Find out why ISO-NE projects an increase in peak load over the 5-year average this summer, how a mild winter is affecting forward and index prices, and more in this month’s New England insights.
New York: Discover why NYISO projects peak demand in the New York Control Area to reach 32,296 MW despite the impacts of coronavirus on energy demand.
Mid-Atlantic: Find out how 2020 SRECs in PJM have fared during the pandemic, how short-term NJ SREC prices are performing in the face of the TREC program, and more in this month’s insights.
Midwest: Learn how mild temperatures and COVID-19 have been affecting MISO prices, why MISO zones with deregulated markets may currently offer an advantage to customers, and more in this month’s energy insights.
California: Find out how the CPUC’s approval of PG&E’s reorganization plan to exit Chapter 11 Bankruptcy will affect the California energy landscape moving forward.
Texas: Learn how ERCOT’s final SARA (Resouce Adquacy) report for summer 2020 underscores the impact of COVID-19 on energy demand, and why low wind output and strong cooling demand could put the ERCOT grid in tight conditions.
Mexico: Find out why May’s new regulations from the Ministry of Energy on fossil fuels and renewables has faced a series of legal and constitutional claims already, and what the effects could be going forward.