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Market Players Drive Up Cali Summer Prices Amid Storage, Hydro and Heat Concerns

Market Players Drive Up Cali Summer Prices Amid Storage, Hydro and Heat Concerns

Summer prices over the last month have risen considerably in California amid growing concerns of a hot summer, the likely absence of key storage and a rapidly deteriorating hydro situation, an NGI’s Forward Lookanalysis shows.

May 5, 2016
Market Players Drive Up Cali Summer Prices Amid Storage, Hydro and Heat Concerns

Market Players Drive Up Cali Summer Prices Amid Storage, Hydro and Heat Concerns

Summer prices over the last month have risen considerably in California amid growing concerns of a hot summer, the likely absence of key storage and a rapidly deteriorating hydro situation, an NGI’s Forward Lookanalysis shows.

May 5, 2016