Energy Market News & Updates
The energy market can quickly change. Check back for the latest headlines and stories that can effect your business operations and bottomline.
Capital-free efficiency projects are gaining traction among multi-site manufacturers looking to improve performance without adding upfront costs. But not all providers are structured the same—and choosing the wrong partner can
PJM’s 2028/2029 Base Residual Auction, released this week, cleared at the price cap again: $325/MW‑day across the entire PJM footprint, securing about 138,318 MW of capacity (149,182 MW including FRR). Headlines
Capacity costs are climbing fast in PJM, while heat continues to drive strong energy demand. The latest Base Residual Capacity Auction began on June 30, and recent results reflect a major increase in grid costs. Natural gas prices have also edged higher, and July power prices remain elevated after last week’s heat dome.
PJM forecasts very high electricity demand this afternoon, with a strong likelihood of setting a system peak. Peak Window: 4:00 PM – 7:00 PM ETPeak Alert Period: 2:00 PM – 7:00 PM
Manufacturers are under increasing pressure to improve production efficiency, manage energy costs, and maintain operational resilience—all while navigating supply chain volatility and evolving market conditions. As a result, selecting the
For many mid-sized industrial plants, infrastructure upgrades often compete with production investments, staffing needs, and ongoing operational costs.
Capacity costs are climbing fast in PJM, while heat continues to drive strong energy demand. The latest Base Residual Capacity Auction began on June 30, and recent results reflect a major increase in grid costs. Natural gas prices have also edged higher, and July power prices remain elevated after last week’s heat dome.
On July 2, 2026, the largest power grid in the United States came close to its limits. PJM, which serves more than 65 million people across the Midwest and Mid‑Atlantic,
Yesterday (July 1, 2026), peak electricity demand on the PJM grid reached 162.1 gigawatts (GW) around 5:00 PM EDT
Natural gas is still trading in the low $3 range, supported by strong production and LNG exports back above 18 Bcf/d. Forward pricing for next winter remains relatively attractive, especially with an El Niño pattern on the radar. On the power side, May index prices averaged under 4 cents per kWh, and many 2029 months (outside of July and winter) are now pricing below the next two years. For many businesses, this is a good window to consider small, targeted hedges rather than sitting fully on the sidelines.
Based on current PJM load and weather forecasts, a system annual peak could be established today, from 4 PM EDT to 7 PM EDT. What to Expect: The grid will
Based on current PJM load and weather forecasts, there is a high risk that a system annual peak could be established each day this week between the hours noted below.
Natural gas is still trading in the low $3 range, supported by strong production and LNG exports back above 18 Bcf/d. Forward pricing for next winter remains relatively attractive, especially with an El Niño pattern on the radar. On the power side, May index prices averaged under 4 cents per kWh, and many 2029 months (outside of July and winter) are now pricing below the next two years. For many businesses, this is a good window to consider small, targeted hedges rather than sitting fully on the sidelines.
Natural gas is still trading in the low $3 range, supported by strong production and LNG exports back above 18 Bcf/d. Forward pricing for next winter remains relatively attractive, especially with an El Niño pattern on the radar. On the power side, May index prices averaged under 4 cents per kWh, and many 2029 months (outside of July and winter) are now pricing below the next two years. For many businesses, this is a good window to consider small, targeted hedges rather than sitting fully on the sidelines.
For many manufacturers, infrastructure upgrades are no longer optional. Aging equipment, rising energy costs, and decarbonization pressures are driving the need for efficiency improvements across facilities. Yet even when projects
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