Energy Market Insights: December 2025

12 11, 2025

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Stay ahead of the curve with Enel’s Energy Market Insights, where each month we deliver expert analysis on the most significant energy market trends across North America.

Our in-depth report covers key regions such as New England, New York, the Midwest, the Mid-Atlantic, Texas, California, and Mexico, offering valuable insights into renewable energy and natural gas markets.

In our December report, you’ll uncover insights on:

  • New England: Hydro-Québec imports set to boost reliability and cut gas dependence.
  • New York: Major rate cases raise costs for large C&I customers.
  • Mid-Atlantic (PJM): Rapid load growth drives interconnection reform and rising system costs.
  • Midwest (MISO): Lower reserve margins ease capacity pressures heading into 2026/27.
  • California: SunZia line designed to bring over 3 GW New Mexico wind to the grid.
  • Texas (ERCOT): Mild weather lowers prices despite rising peak demand forecasts.
  • Mexico: IMP–ICE-SRM alliance advances national sustainable energy and training initiatives.
  • Renewables: LA invests in hydrogen-capable turbines; voluntary REC prices continue falling.

Download the full report to explore these stories and more!

Get your copy today