Volume 15, Issue 81 September 10, 2018
In this Issue
Back to (an Energy Efficient) School
Editor's Note
Temperatures Expected to Remain Above Normal
Energy Management
WGL Energy Issues Notices Regarding Peak Electricity Usage
Weather
Local Cooling Degree Days*
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Editor's Note
Temperatures Expected to Remain Above Normal
Weekly review for September 02, 2018 September 8, 2018

 

On Thursday, the U.S. Energy Information Administration (EIA) reported working gas in storage as of Friday, August 31, 2018 was 2,568 BCF. This is an increase of 63 BCF from the previous week. Inventories are currently 643 BCF lower than last year during the same period and 590 BCF below the 5-year average of 3,158 BCF.  

Temperatures are expected to remain above normal throughout the 14-day forecast period, potentially perpetuating the anemic gas storage situation as fuel is routed to supply generation.

Forward markets decreased this week as the PJM West Hub 12-month curve dropped 1.1% and the NYMEX natural gas 12-month curve fell 3.7%.      

The following table shows the highest peak loads recorded for the summer through September 5, per PJM’s preliminary estimates:

 

 

This past week's market information is provided as a courtesy to our customers and is not indicative of, nor should be relied upon, as representative of future transactions.


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