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Energize with AEP Energy

November 19, 2024

November 18th, 2024 – Power and gas prices kicked off the week on a high note. Weather models are hinting at a chilly national pattern by the end of the 11–15-day period. This cold snap forecast sent natural gas futures soaring by 5%, pushing up prices for the rest of the year and into 2025.

November 15th, 2024 – As we headed into the weekend, power and gas prices found some support. The potential for cooler temperatures in late November helped term power prices regain some ground. Traders are keeping a close eye on weather forecasts, looking for any signs that winter is on its way.