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Market Snapshot: June 12, 2023

WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK An active pattern continues this week as weather systems track across the US with showers, thunderstorms, and comfortable highs of 60s to 80s for light demand besides the Southwest, Texas, the South, and Florida, where a hot ridge will result in highs of 90s to locally 100s for…

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Market Snapshot: Monday, June 5, 2023

Weather: 6-10 DAY AND 8-14 DAY OUTLOOK An active pattern continues this week as weather systems track across the U.S. with comfortable highs of the 60s to 80s for weak, creating a low demand for natural gas and little need for air conditioning across the Midwest and East Coast. Energy Rates: Attention FirstEnergy Customers Residential…

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S&P Downgrades Maryland Utility Regulation

An S&P Global entity downgrades its outlook for Maryland utility regulation to a “below average” listing, citing the governor’s agenda, “increasing uncertainty and the potential for a more restrictive regulatory climate.” The story: https://www.newsfromthestates.com/article/national-financial-agency-downgrades-assessment-mds-utility-regulation-what-does-it-mean

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Market Snapshot: Monday, May 30, 2023

US WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK For the next 6-10 days, we will see warmer weather than average in the North and cooler than typical weather than average in the South. This could temporarily lower demand as cooler temperatures in the South will lead to less AC usage, and warmer temperatures in the…

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Market Snapshot: Monday, May 22, 2023

Energy News โ€ข Weather โ€ข Natural Gas โ€ข Electricity โ€ข Energy Market Headlines Weather: 6-10 DAY AND 8-14 DAY OUTLOOK This summerโ€™s weather could start mild but is expected to warm up as an El Nino arrives in June. This will alter the current pattern of cooler temperatures in the Pacific Northwest from La Nina…

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Weather: Understanding El Nino

El Niรฑo is a climate phenomenon that occurs irregularly in the tropical Pacific Ocean, characterized by the warming of sea surface temperatures, which can significantly impact weather patterns worldwide. During normal conditions, the trade winds blow from east to west across the tropical Pacific, pushing warm surface waters towards the western Pacific near Indonesia. This…

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