PJM has Issued A Peak Demand Alert for Wednesday, July 12, 2023 Tomorrow is the first Peak Demand Day of 2023! On Wednesday, July 12, 2023, high temperatures could impact your Capacity Peak Load Contribution (PLC) and future electricity costs. There is a possibility that an hour between 3 p.m. and 7 p.m. Wednesday will…
View detailsNatural Gas • Energy • Weather • Weekly Market Headlines EIA: WEEKLY NATURAL GAS STORAGE Natural Gas stayed relatively stable the last week as increased production for the week offset the higher cooling demand. We also saw a higher injection in the past week than last year and the five-year average. This kept prompt month pricing at…
View detailsEIA: WEEKLY NATURAL GAS STORAGE Why This Weekly Natural Gas Chart Is Import: Understanding the Natural Gas Storage ReportThe Natural Gas Storage Indicator measures working gas, the volume of gas in a reservoir above a specified base level, and the amount of gas available for sale to the marketplace. The EIA report shows gas inventories…
View detailsWhen was the last time you audited your business’ utility bills? There are 19 billion reasons why you should consider TPI’s risk-free utility audit. The U.S. Energy Information Administration reported that public utility companies had overbilled their customers by approximately $19 billion. This overbilling was in just one year! More than 70% of the utility customers’…
View detailsThe price of natural gas is closely correlated to the cost of electricity due to the significant role that natural gas plays in power generation. Natural gas is a widely used fuel source for electricity generation in many countries worldwide. How the price of natural gas affects the price of electricity: Fuel Cost: Natural gas is…
View detailsWEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK An active pattern continues this week as weather systems track across the US with showers, thunderstorms, and comfortable highs of 60s to 80s for light demand besides the Southwest, Texas, the South, and Florida, where a hot ridge will result in highs of 90s to locally 100s for…
View detailsWeather: 6-10 DAY AND 8-14 DAY OUTLOOK An active pattern continues this week as weather systems track across the U.S. with comfortable highs of the 60s to 80s for weak, creating a low demand for natural gas and little need for air conditioning across the Midwest and East Coast. Energy Rates: Attention FirstEnergy Customers Residential…
View detailsUS WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK For the next 6-10 days, we will see warmer weather than average in the North and cooler than typical weather than average in the South. This could temporarily lower demand as cooler temperatures in the South will lead to less AC usage, and warmer temperatures in the…
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