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Macro

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utilities · sector mood
2002
year mood -0.25 · -0.35 to +0.00 across 12 mo
Monthly mood
bearish −1 +1 bullish
-0.5 -0.25 0 +0.25 +0.5 Jan Feb Mar Apr May Jun Jul -0.35 Aug Sep Oct Nov Dec
month values ▾
JanFebMarAprMayJunJulAugSepOctNovDec
-0.30-0.30-0.25-0.25-0.30-0.30-0.35-0.30-0.30+0.00-0.20-0.20

Merchant/IPP credit crisis, NRG, Dynegy, Mirant collapse

How this mood is scored ▾
Each day the model reads that day's news for the sector and asks, as someone who owns assets or makes their living in it: how am I feeling this month, and why? The month's mood is that running answer, tied to the specific events driving it (the story shown above). It leans on trusted, higher-impact reporting, and on the prior month when a month is quiet, so one loud headline can't swing it. The read updates daily through the month; once a month ends, its mood is locked. This year is read live from the news the pipeline actually collected (hover a bar for its story count). · last computed Jul 11, 2026
Top utilities stories of 2002
Oct
Dynegy exits energy trading as the post-Enron merchant power sector collapses tampabay.com →

On October 16, 2002, Dynegy shut down its once-dominant wholesale energy-trading business and cut about 14% of its staff to conserve cash, with its chief operating officer resigning the same day. The move capped a year in which Enron's collapse, California-crisis fallout, and 'round-trip' wash-trade scandals gutted the merchant power sector: Dynegy's stock lost more than 90% of its value in 2002, and peers such as Williams, Mirant, Aquila, and Reliant were downgraded to junk.