Weekly Energy Report
February 3, 2026
Monday, February 2 - Power and natural gas prices moved lower to start the week after updated weekend weather models removed roughly 35 degrees from the balance of the month forecast. Natural gas for the March contract fell more than $1 on the day, leading to a broad decline in power prices.Friday, January 30 - Colder revisions to the February forecast moved power and natural gas prices higher at the end of the week. Natural gas posted a notable increase on the day, which supported gains in term power prices. In the cash market, overnight hours continued to show relative strength, keeping off-peak prices elevated.
