Weekly Energy Report
May 5, 2026
Monday, May 4 - Balance of the year power increased by nearly $2 ATC today, tracking a higher move in gas futures, which reached their highest level since early April. This follows Friday evening’s peak, when 5-minute LMPs rose as high as $1,200. Bal-day prices moved higher as the market priced in expectations for another elevated evening peak tonight.Friday, May 1 - Gas extended yesterday’s gains, settling at its highest level in more than three weeks. Stronger liquidations, cooler than normal temperatures, and lower renewable generation contributed to power prices moving mostly higher today.