PJM Grid: Peak Demand Warning Extended All Week

Expected Peak Demand Warning ⚠️ All Week­Situation Overview: As the hot weather continues, the PJM grid forecasts high daily electricity demand. The hot weather conditions are expected to drive demand levels, posing a threat to grid reliability. Understanding Peak Demand Days Coincident Peak Days­A coincident peak day is one of the five highest-demand days during the…

Market Snapshot: May 6, 2024

PROBLEMS CONTINUE AT THE FREEPORT LNG FACILITY Persistent problems at the Freeport LNG facility have indeed impacted prices. However, there is a silver lining. Despite a freeze in January and subsequent mechanical issues, two of the three LNG trains are set to come back online. The third train is currently experiencing problems, resulting in Freeport taking in…