Natural Gas Prices Experience Largest One-Day Spike Ever

January 27, 2022

On Thursday, January 27, in the midst of cold winter temperatures and on the heels of an approaching winter storm in the Northeast, natural gas prices spiked 46% to $6.265 per MMBtu. This marks the largest one-day increase ever in recorded data, which stretches all the way back to 1990. The increase in prices occurred […]

France forces EDF to take €8.4bn hit with electricity bill caps

January 18, 2022

As energy costs see increases, the French government will set a limit on electricity bill hikes to 4%, estimated to create a €8.4bn impact to EDF Energy, the country’s largest energy company. Shares of EDF fell by 20% as the government is also forcing their nuclear reactors to sell to rival suppliers, below market price, […]

ISO-NE: Oil for Reliability

Last Sunday a quarter of ISO-NE was powered by Oil. Generators had to come online or switch as baseload was having trouble keeping up with the cold weather. While natural gas can be the most reliable and environmentally friendly alternative for times like these, there is simply not enough available. This phenomenon has been going […]