Analysis and commentary on natural gas and power markets, BTM on-site generation, data center fuel supply, and C&I procurement strategy — from Digby Ferrara, Natural Gas & Power Originator at Aggressive Energy.
PJM filed its data center backstop auction at FERC and moved to curtail large loads that do not bring their own power. The exit is self-supply, and once you go there the fuel side becomes the binding constraint.
A checklist for mid-market BTM and grid-connected power developers. Firm delivery commitment, basis hedge at execution, price collar structure, multi-producer stacks, and what the EQT/Homer City deal gets wrong for projects that aren't 4.4 GW.
Your gas price doesn't move in sync with Henry Hub, and the spread can move dramatically. Digby Ferrara explains what basis is, why it's uniquely volatile in the Northeast, the key hubs to watch, and the strategies commercial buyers use to manage Marcellus and Appalachian basis exposure.
Digby Ferrara breaks down the fixed vs. index electricity pricing decision for commercial and industrial customers - the tradeoffs, the market considerations, capacity pass-through risks, and a layered procurement framework that works for most C&I organizations.
US data center power demand is set to reach 95 GW by end of 2027 — up from 4.1% to 8.5% of total US power consumption. Digby Ferrara on why interconnection queues are making BTM on-site generation a primary option, not just backup, and how to structure gas supply around it.
NYISO operates differently from PJM in important ways — from its ICAP capacity market structure to its zone-level pricing dynamics and New York's aggressive clean energy mandates. Digby Ferrara explains what commercial buyers need to know when operating in the New York market.
Digby Ferrara's forward view on North American energy markets heading into 2026 — covering PJM and NYISO power market dynamics, Appalachian gas supply, LNG export demand impacts, and what it all means for commercial and industrial customers making procurement decisions.
Digby Ferrara publishes weekly market commentary on LinkedIn — covering gas and power fundamentals, BTM generation strategy, data center fuel supply, and origination insights for large energy users.
With 2,500+ industry connections, the conversation spans energy originators, data center developers, BTM generation operators, C&I buyers, and market participants across the Northeast and nationally.
Follow on LinkedIn →