As winter nears its half-way point, those in the eastern U.S. have certainly had their share of frigid temperatures due to Arctic outbreaks. The chilly temps tested the energy grid, constrained pipelines, and injected volatility back into spot and index markets. Although pricing has come back down as of late, there’s plenty of winter left to go. Here’s a snapshot of the state of the market:
- The natural gas storage deficit is widening as cold temperatures boost winter heating demand.
- Real-time and day-ahead electric pricing in the Midwest and Northeast soared during January, but it could have been a lot worse.
- Natural gas production is setting fresh record highs and has limited upward forward market movement.
- The frequency of cold shots during the remaining winter months will be a key determinant of energy price direction.
One or more of these topics could affect your procurement strategy over the next few months, so you’re invited to learn more about what actions to take next. Join me, Jonathan Lee, for an overview and discussion of these issues as well as foreseeable energy trends during 2018.
Thursday, February 22, 2018
11:00 am PST / 2:00 pm EST
After this webinar, you will have:
- A better understanding of how grid operators mitigated higher price spikes
- Insight into potential energy price movement through the remainder of winter
- Understanding of market drivers and potential market risks
This session will be followed by a live Q&A so be sure to bring your questions. Click here to register. We hope you will join us!