Weekly Energy Report
December 17, 2024
December 16 – The forecast for next week is showing a return to those above-normal temperatures, and that's putting some pressure on power and gas markets. Term power prices dipped a bit to kick off the week. The weather models are still pointing to warmer-than-usual temperatures in Texas, which is pushing January power prices down.December 13 – Wrapping up the week, markets took a step back. The latest weather models are now leaning towards an above-normal temperature outlook for the end of the 11-15 day period. January power prices dropped today, with the possibility of those warmer temperatures making a comeback towards the end of December.
