Weekly Energy Report
July 15, 2025
Monday July 15 – Balance-of-the-month power prices moved higher following the weekend, as updated weather models introduced additional cooling demand in the 6–15-day forecast. In contrast, seasonable temperature expectations across ERCOT for the remainder of July contributed to a decline in near-term power prices. Natural gas prices increased by more than $0.13 for the balance of the year, while longer-term power prices also ended the day higher.Friday July 11 – Power and natural gas prices remained relatively stable today, with minimal movement observed. A cooler weather forecast for mid-month in the Midwest and Northeast contributed to the subdued activity. Natural gas prices were largely unchanged, while power prices showed mixed trends across the curve, trading on very low volume.
