US power demand hits hourly record high on hottest day of summer, EIA and LSEG say
Adds details and power prices
By Scott DiSavino
July 16 (Reuters) -U.S. demand for power hit a preliminary hourly record high on Monday as homes and businesses cranked up their air conditioners to escape a brutal heat wave blanketing most of the Lower 48 states on the hottest day so far this summer.
Extreme weather reminds consumers of the fatal freeze in February 2021 that left millions of Texans without power, water and heat for days and a brutal heat wave in August 2020 that forced the California power grid operator to impose rotating outages that affected about 800,000 customers over two days.
Power demand on Monday peakedat a preliminary 743,995 megawatts (MW) around 6 p.m. EDT (2200 GMT), which would top the current all-time high of 742,704 MW set on July 20, 2022, according to data from the U.S. Energy Information Administration (EIA) going back to 2016.
Temperatures across the country averaged around 82.1 degrees Fahrenheit (27.8 Celsius) on Monday, the most since averaging 82.2 F on July 27, 2023, according to data from financial firm LSEG going back to 2018. That compares with a record average of 83.0 F on July 20, 2022.
High temperatures in the biggest cities across the U.S. hit 91 F in New York, 83 F in Los Angeles, 91 F in Chicago, 95 F in Houston and 109 F in Phoenix, according to meteorologists at AccuWeather.
On Tuesday, AccuWeather forecast the mercury would reach 97 F in New York, 83 F in Los Angeles, 80 F in Chicago, 95 F in Houston and 110 F in Phoenix.
With even hotter weather expected in the U.S. Northeast on Tuesday, next-day power prices in New England EL-PK-NPMS-SNL and the Pennsylvania-New Jersey-Maryland region EL-PK-PJMW-SNL soared by over 150% to their highest levels since January, according to pricing data on the LSEG terminal.
Electric grid operators across the country declared hot weather alerts over the past week and told energy companies to put off unnecessary maintenance so all available generating plants and power lines would be ready for service.
But despite the extreme heat, grid operators have not taken more extreme actions to manage supply and demand - like calls for conservation or rotating outages - and none were currently projecting power use would break all-time highs.
Reporting by Scott DiSavino; Editing by Chizu Nomiyama and Franklin Paul
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
