Peak Demand Alert Issued For This Week

Tuesday and Wednesday are likely Guaranteed To Be Peak Demand Days! Warning: Peak Demand Alerts Issued Across Grid โš ๏ธ Grid Situation Update: High Electricity Demand Projected PJM grid operators have issued a peak demand warning for Tuesday and Wednesday afternoons between 4 p.m. and 6 p.m. As of Monday morning, Tuesday and Wednesday will likely be Peak Demand Days!  As…

Energy Market Snapshot: Aug. 5, 2024: Capacity Auction News

2025/2026 CAPACITY AUCTION RESULTS The recent PJM capacity auction resulted in a significant price surge to $269.92 per megawatt-day, nearly tenfold last year’s increase. This affects 135,684 MW of capacity for June 2025-May 2026, with a diverse mix of gas, nuclear, coal, and renewables. Higher demand and market reforms are driving these costs. Businesses across…

Peak Demand Alert: ๐Ÿ”ฅ Tues. & Wed. Potential Days

The PJM grid forecasts high daily electricity demand as the hot weather lingers. The hot weather conditions are expected to drive energy demand levels, threatening grid reliability.ย  PJM Forecasted Demand: Monday,ย June 24, 2024Expected Peak Timeframe:ย 5:00 pm – 6:00 pm ESTPotential Peak Demand:ย 132,034ย MW Tuesday,ย June 25, 2024Expected Peak Timeframe:ย 5:00 pm – 6:00 pm ESTPotential Peak Demand:ย 142,450 MW…