Energy Market Update: Week of November 12 Stay informed with the latest trends and advice for managing energy costs this winter. Energy Pricing Trends Natural gas prices continue to hold above $4.00, and electricity rates are now catching up. In the PJM Ad Hub, electricity prices have risen by 0.10 cents per kWh since late…
ENERGY MARKET PRICING TRENDS Natural Gas Surge: Natural gas prices have jumped sharply, driven by forecasts for a colder-than-normal winter. December prompt month pricing has increased by more than $0.50/MMBtu in under two weeks, with January now trading at $4.55/MMBtu. While warmer weather is expected over the next two weeks (which may help moderate price…
Energy News: Ohio has enacted a new law aimed at accelerating energy development on former coal mines and brownfields to meet the rising demand for electricity from data centers and the growth of electrification. House Bill 15, effective August 14, allows the state’s Department of Development to designate these properties as “priority investment areas” at…
PUCO’s Special Reconnect Order is now in effect for the winter heating season. Ohio residential customers who are disconnected or facing disconnection can have their electric or natural gas service restored by paying no more than $175, plus a reconnection fee of up to $36. The program: To reconnect, customers simply contact their utility and ask for…
Natural Gas Pricing Trends As November Prompt Month pricing settles and December begins, we’re starting to see the more expensive 2026 pricing come into play. Winter-month natural gas contracts are currently in the high $3.80s per MMBtu, with January trading around $4.155. Looking further ahead, Winter 2026–2027 is trending closer to $4.75, reflecting steady demand…
U.S. Data Center Power Demand Surges, Driving Grid and Price Challenges S&P Global’s latest research shows that U.S. data center power demand is on an unprecedented growth trajectory. By December 2025, total data center load is expected to rise by 11.3 GW—an increase of 22% compared to 2024 levels. That growth will only accelerate: by…
Market Summary: Energy markets held a neutral tone this week as cooler temperatures, steady economic performance, and robust natural gas storage levels shaped expectations heading into the winter season. Commodity prices are showing early signs of tightening, even as inventories remain well above seasonal norms. Weather Outlook A cold front this week is driving below-normal…
Market Overview The energy market remains neutral to bearish this week, as mild fall weather and robust natural gas storage continue to weigh on prices. NYMEX natural gas futures for November are trading near $3.03/MMBtu, down from last week’s highs amid softer heating demand and high inventory levels. Weather Trends Most of the eastern two-thirds of the U.S.…
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