EIA: WEEKLY NATURAL GAS STORAGE The last two storage reports have shown a more robust injection than the five-year average, which is helping to keep the price of Natural Gas lower as mild weather has kept heat demand down. Projections of a mild winter due to a strong El Nino are also holding back gas…
Failing to expand the grid may be the biggest threat to U.S. energy transition! A panel of experts urged FERC to “expeditiously” issue its pending transmission planning and cost allocation reforms and ensure wholesale power markets can support a shift to 100% clean energy. Read the article >>
FirstEnergy investors continue to spar with the company over releasing information in court about the utility’s role in a major bribery scheme.
PJM Interconnection member states form a working group to develop a separate market to push ahead on clean energy goals, planning to have a strategy by the end of the year. The story >>
Vistra plans to sell nearly 400 MW in PJM to ease market power fears from the Energy Harbor deal. The story >>
Grid operator MISO notifies utilities in its 15-state region to prepare all power generation sources to meet demand during this week’s heatwave.
US Weather: 6-10 DAY AND 8-14 DAY OUTLOOK Energy Demand: ABOUT LAST WEEK’S PEAK DEMAND ALERTS EIA: WEEKLY GAS STORAGE The Natural Gas Market took a bit of a dip on Wednesday, falling from its weeklong high of $2.755 and down more than ten cents to $2.642. This dip was prompted by weather forecasts calling…
Across Much of PJM Network, the hottest temps of Summer are forecasted today, prompting Peak Demand Alert. Based on current PJM load and weather forecasts, an annual peak day between 3 PM and 6 PM EDT will occur this afternoon, when demand is forecasted to reach 154,258 MW. This number is among the highest predicted…