Energy News: Energy Rates Double
Electric bills more than doubled in New Hampshire, blamed on the natural gas market.
Market Snapshot: August 29, 2022
WEATHER UPDATE: WARMER TEMPERATURES COVERING MOST OF THE US In an era of persistent demand and hot summers, pricing is expected to remain high. Especially as July came in as the third hottest on record. Experts predict the supply concerns and increased demand for LNG could eventually drive pricing up this winter past $13.00 With…
Peak Demand Alert: August 29, 2022
Today has been identified as a potential PJM Peak Demand Day. Given the forecasted PJM load and the current conditions, there is the potential for peak hours between 4:00 PM and 7:00 PM, with the highest probability between 4:00 PM-5:00 PM. Demand across the PJM grid is expected to reach 142,496 MW today! Therefore, TPI…
Market Snapshot: Week of August 22, 2022
WE’RE BACK TO HIGHER-THAN-NORMAL TEMPS ACROSS THE US In an era of persistent demand and hot summers, pricing is expected to remain high. Especially as July came in as the third hottest on record. Experts predict the supply concerns and increased demand for LNG could eventually drive pricing up this winter past $13.00 OCTOBER RE-OPENING…
Natural Gas: Proposed Fee Cap
One utility company, Philadelphia Gas Works, proposes capping its weather normalization adjustment to no more than 25% of a customer’s monthly delivery charge to prevent exorbitant future fees. Learn more >>
Proposed: Consumers’ Counsel Nominate Members
Proposed legislation would allow the Ohio Consumers’ Counsel to nominate members to the Public Utilities Commission to tighten oversight following the HB 6 scandal. More >>
EIA: Renewables Growth
EIA expects renewables to account for 22% of U.S. electricity generation in 2022! The details >>
Market Snapshot for August 9, 2022
Market Snapshot Weather Forecast MIDDLE AMERICA GETS SOME RELIEF While this summer had brought record heat to many parts of the U.S., this may be the new normal. Temperatures have increased by 1.7 degrees Celsius (almost three degrees Fahrenheit) since 1970. The atmosphere can store about 7 percent more water for every degree Celsius. This…