Weekly Energy Report

June 3, 2025

June 2nd, 2025 – The front end of the power curve was down due to soft real-time liquidations. But further out on the curve? That’s where the action was. Natural gas rallied more than 20 cents for the balance of the year, and that gave longer-dated power prices a lift. Weak liquidations or not, gas was the driver.
 
May 30th, 2025 – We wrapped up the week with June power prices ticking higher. Why? Forecasts are calling for warmer weather in the 6-to-15-day window. But not everything was heating up. The front of the curve slipped on soft cash prices, and out in the longer-dated contracts? Not much movement. Volume was light—exceptionally light.