The latest TPI Market Snapshot shares PJM Grid Peak Demand Alerts and the latest energy headlines and market conditions. Peak Demand Days Expected This Week There is a High Threat of setting one of the five highest peak demand days today (Monday, August 21). Today’s forecasted peak demand is 139,415 MW during hour ending 18.…
More than 100 new clean energy, battery, and electric vehicle manufacturing facilities and expansions have been announced since the Inflation Reduction Act’s passage a year ago.
Natural gas: It’s been a wild ride.
This week’s Market Snapshot looks at the increase in temperatures across the US – and thus, electricity demand, in the next two weeks. Plus, the natural gas market has started to climb up. Don’t wait to act on your next natural gas contract! WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK With extreme heat moving eastward,…
Natural Gas: EIA WEEKLY NATURAL GAS STORAGE REPORT Keep an eye on the gas storage report. While we still have a surplus of natural gas compared to the five-year average, especially last year, the recent injections have been smaller than in the past, and the surplus is shrinking. This is a sign that demand continues…
Clean energy cases “continue to dominate” regulatory agendas nationwide With the proliferation of state-level clean energy initiatives and passage of the Inflation Reduction Act, renewable-energy-related proceedings continue to dominate the regulatory agendas of utility commissions in the US. Across the 54 jurisdictions followed by Regulatory Research Associates, 23 regulatory bodies have at least one case…
Natural gas deliveries by pipeline to U.S. liquefied natural gas (LNG) export facilities are called LNG feed gas. LNG feed gas averaged 12.8 billion cubic feet per day (Bcf/d) in the first six months of 2023, following the Freeport LNG terminal’s return to service, according to S&P Global Commodity Insights data. Over this period, LNG…
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…
