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Energize with AEP Energy

November 11, 2024

November 11, 2024 – The markets kicked off the week with a bang, surging higher as cooler weather forecasts for the next couple of weeks rolled in. Strong liquidations on Sunday and a 10% jump in natural gas futures pushed up power prices for the rest of the year and into 2025.

November 8, 2024 – It was a quiet day on the trading floor with markets moving sideways as traders looked ahead to the weekend. The natural gas market’s ups and downs, along with unpredictable weather forecasts, kept everyone on their toes. Plus, a 1300 MW nuclear unit coming back online over the weekend could add some downward pressure on near-term power prices.