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EIA Projects Coal Capacity Will Decreaseย 

Data source: U.S. Energy Information Administration, Annual Energy Outlook 2023 (AEO2023) The EIA’s Annual Energy Outlook 2023 projects that U.S. coal-fired generating capacity will drop below half of 2022 levels by 2050. In a scenario assuming higher zero-carbon technology costs than in our base case, called the Reference case, we project coal-fired capacity will drop 52% to 97…

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Market Snapshot for May 2, 2023

ย WEATHER DEGREE DAYSย  This summerโ€™s weather outlook appears to be a bit milder than in the recent past. Four of the five most Weather Degree Day summers have been in the last five years with near record demand. This year may see milder temperatures and wetter weather, and an El Nino will end in late…

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Market Snapshot: April 24, 2023

Below is this week’s Market Snapshot / TPI Takeaway: NATURAL GAS: HIGH PRODUCTION AND MILD WEATHER LEAD TO LOWER PRICES IN THE FUTURE. EIA WEEKLY NATURAL GAS STORAGE REPORT CHART: THE DIFFERENCE THE FREEPORT OUTAGE HAS MEANT TO STORAGE Weather: 6-10 DAY AND 8-14 DAY OUTLOOK Electricity News PJM BGE HUB FORWARD POWER PRICING PJM…

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Market Snapshot: April 17, 2023

WEATHER: COOLER TEMPERATURES MOVING THROUGH A cold front is moving through the US, bringing cooler temperatures and higher demand, which could explain our high electricity rates. However, it is not expected to be a strong cold front and could give way to warm tropical air pushing up through Florida and Texas. HIGH PRODUCTION AND MILD…

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