Volume 16, Issue 12 April 8, 2019
In this Issue
Why Renewable Energy Matters
Editor's Note
Spring Ushers In Warmer Temperatures
Energy Management
Energy Efficiency Tips for Restaurants
Weather
Local Heating Degree Days*
Our Wind Power Partners

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Editor's Note
Spring Ushers In Warmer Temperatures
Weekly review for March 31 - April 6, 2019

 

On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, March 29, 2019 was 1,130 BCF. This is an increase of 23 BCF from the previous week. Inventories are currently 228 BCF lower than last year during this same period and 505 BCF below the 5-year average of 1,635 BCF.

A slightly warmer than normal weather pattern will be in place for the next week across the PJM region, with normal temperatures set to return in the back half of the 15-day forecast.  

Power prices have not been significantly affected by the current outage season up to now and PJM has been able to effectively manage any congestion issues from system outages thus far.

Both power and gas have decreased this week. The PJM Western Hub 12 Month curve lost 0.5% and the NYMEX natural gas 12-month curve fell 1.7%.     

 

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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