Weekly Energy Report
May 6, 2025
May 5th, 2025 – Power prices ticked higher today, and here’s why: A warmer weather forecast for mid-May has traders eyeing increased demand. Add to that some strong real-time liquidations—yes, those are still going—and you’ve got upward pressure on the market. Natural gas? It rallied. Power followed, though not quite as enthusiastically. The result? Compressed heat rates at the front end of the curve.May 2nd, 2025 – Warmer model runs—especially in the eastern PJM—caused bidding up of power prices. Real-time liquidations added fuel to the fire. And with natural gas prices climbing, term markets found some support too.
