U.S power market Summer assessment: electric grid to be challenged by rising temperatures

This summer, the U.S FERC expects the electric grid to be challenged by higher-than-average temperatures throughout the continental United States and increased uncertainty from extreme weather events, weather forecasts, and electricity demand. Load is expected to be higher in summer 2025 compared to the past four summers. Moreover, wholesale electricity prices are expected to be noticeably higher in summer 2025 […]