January Market Snapshot: Cold Snap Drives Prices Up The energy market is experiencing significant shifts as we enter the new year due to extended cold temperatures and supply concerns. Here’s what you need to know: Weather and Demand The cold temperatures we’ve been experiencing are forecast to extend into February, potentially leading to a more…
Natural Gas Market Newsletter: Week of December 2-8, 2024 Weather and Demand Outlook The weather continues to be the primary driver of natural gas markets, with recent cold spells bringing more buyers into the market. However, the outlook is shifting: Key Insight: January pricing remains among the lowest since 2013, despite recent fluctuations. Regional Weather Breakdown Midwest, Ohio Valley,…
Exciting news for business leaders! TPI Efficiency has just released an insightful webinar recap on the recent PJM capacity auction results and their far-reaching implications. 🔍 “Energy Grid: Capacity Auction Results” – A must-watch for anyone concerned about future energy costs! Key highlights from the video: At TPI Efficiency, we’re committed to helping businesses navigate…
Understanding your energy bill is crucial for managing costs and improving efficiency as a business owner or facility manager. Decoding Your Energy Bill Energy Consumption (kWh) Your bill will show the total kilowatt-hours (kWh) consumed during the billing period. This represents the actual amount of electricity your facility uses. To better manage this: Demand Charges…
Natural Gas Market Update: Cooler Temps Bring Storage Boost Supply Holds Steady as Injections Pick Up Natural gas supply remained stable at around 102.0 Bcf/d this past week. The cooler second half of August has recently led to stronger storage injections, with five of the last six injections approaching the five-year average. Last week’s EIA…
The latest PJM capacity auction has dramatically increased prices, reflecting a tightening supply and demand balance across the region. The auction, which secures power supply resources from June 1, 2025, through May 31, 2026, saw capacity prices rise nearly tenfold compared to previous years. Key Highlights:
Natural Gas Market Update: Record-Breaking Production, but for How Long? Natural gas production in the U.S. has reached unprecedented levels, consistently surpassing 100 Bcf/d. Last week’s report showed output at an impressive 101.5 Bcf/d. However, this abundance may not last. Industry experts anticipate potential production cuts by suppliers in the near future, aimed at reducing…
THE ENERGY MARKET – BIG REASONS TO BUY NOW: NATURAL GAS SUPPLY LNG DEMAND WEATHER DEMAND 6-10 DAY AND 8-14 DAY OUTLOOK The natural gas demand for this week is expected to be HIGH due to intense high pressure and hot temperatures across much of the southern and eastern United States. Specifically: The widespread hot…