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August 29, 2022

Market Snapshot: August 29, 2022
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WEATHER UPDATE: WARMER TEMPERATURES COVERING MOST OF THE US In an era of persistent demand and hot summers, pricing is expected to remain high. Especially as July came in as the third hottest on record. Experts predict the supply concerns and increased demand for LNG could eventually drive pricing up this winter past $13.00 With…

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Peak Demand Alert: August 29, 2022
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Today has been identified as a potential PJM Peak Demand Day. Given the forecasted PJM load and the current conditions, there is the potential for peak hours between 4:00 PM and 7:00 PM, with the highest probability between 4:00 PM-5:00 PM. Demand across the PJM grid is expected to reach 142,496 MW today! Therefore, TPI…

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