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 5:00 PM-6:00 PM. Additionally, tomorrow, Thursday, August 4, has the potential for a peak demand day, with…
View detailsTHE NATION IS STILL IN THE GRIPS OF A HEAT WAVE 2022 has seemed like one heat wave after another, but so far, it only ranks as the sixth hottest year on record, with 2021 being the hottest year. If the heat waves continue, we could see 2022 become the hottest summer on record. FYI,…
View detailsTHE NATION IS STILL IN THE GRIPS OF A HEAT WAVE HEAT CONTINUES TO PUSH THE MARKET UPWARDS 2022 has seemed like one heat wave after another, but so far, it only ranks as the sixth hottest year on record, with 2021 being the hottest year. If the heat waves continue, we could see 2022…
View detailsTPI Efficiency would like to congratulate four members of its team in earning the Association of Energy Engineers, Certified Energy Procurement Professional certificate. Individuals traveled to Dallas, Texas this May to complete the training and gain eligibility to take the exam, which every member passed in their first attempt. TPI Efficiency’s CEO and Founder, Roger…
View details⚠️ Peak Demand Outlook for Week of July 18, 2022 This week’s heatwave could likely lead to three or four of the five peak demand days for 2022. In the last two years, we haven’t had a peak demand day below 140,782; our current peak days year-to-date have a high of 139,307. Each of the…
View detailsTHE NATURAL GAS MARKET SLOWLY CREEPING BACK HIGH DEMAND AND LOWER PRODUCTION PUSH THE MARKET UPWARD Numerous maintenance issues pushed production down from 96 to 94 Bcf. Coupled with near-record temperatures in a high-pressure hot zone that refuses to move, the market rose almost $1.00 last week The production drawback erased any benefits of the…
View detailsNatural Gas VOLATILITY IS STILL THE KEYWORD MARKET JUMPS 83 CENTS ON SMALL STORAGE REPORT The market jumped 83 cents on Thursday on news of a smaller-than-expected storage report that continued worries about our storage situation going into Winter ’22. The closing of the Freeport LNG facility has spooked investors as we are more than…
View detailsThis morning, energy suppliers are predicting an 80% chance of tomorrow, July 12, 2022, being a peak demand day, with the forecast of 135,366 MW. For reference purposes, the lowest historical PJM Peak demand was 138,197 MWs (2011-2021), so tomorrow’s forecasted peak demand (135,366 MWs) is lower than all historical peak demands over the past…
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