[On-Demand Webinar] Summer Energy Outlook
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The summer months will be here soon and it’s time to prepare for the season.
In the on-demand webinar accessible below, join our Senior Market Strategist Tim Bigler and our in-house meteorologist Beau Gjerdingen for:
- A current and forward look at the natural gas and electric markets
- A discussion on market trends and regulatory updates
- A summer weather forecast and discussion on how the upcoming season could impact energy prices
Supply, Demand & Prices
Bigler looks at all factors impacting electricity and natural gas supply, demand and prices.
In summary, there’s discussion around potential future natural gas supply gains being anchored by “financial discipline.”
And we also chat about how weather, federal and state regulatory changes and power plant retirements could lead to major electricity price impacts over the next year.
Summer Forecast
Last summer came in at the 15th warmest summer on record nationally and this is important to note because Gjerdingen says there are similar trends happening this year.
Currently, model trends point toward a weakening La Nina and slowly developing El Nino conditions as we head into summer.
“In an El Nino we typically experience a cooler summer for the eastern portion of the country and thus lower demand. In a La Nina you typically develop strong ridges of high pressure over the central U.S. and this is when we experience more long-lasting heat waves,” Gjerdingen said.
We provide energy market updates every two weeks in a 3 to 5-minute video. Be sure to stay on top of trends and changes.
Posted: April 26, 2018
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