Weekly Energy Report
January 28, 2025
January 27th, 2025 – A stark contrast to Friday, power and gas prices took a nosedive to kick off the week. The latest weather model runs shed about 20 HDDs from Friday’s forecast. The midday update showed milder temperatures for the 11–15-day outlook, leading to a significant drop in next week’s power prices, down $17/mwh.January 24th, 2025 – As we hit midday, the latest model runs turned colder towards the end of the 11–15-day period. This shift nudged the front of the curve higher, wrapping up the week on a stronger note. February at-the-curve power prices saw a $2/mwh bump today, driven by the potential return of a cold weather pattern in Texas.
