Weekly Energy Report

August 4, 2026

Monday, August 3 - The return of warmer temperatures to the forecast later this week and early next week provided some support for power forwards. Despite that, power prices moved lower on the day amid continued liquidation.

Friday, July 31 - Weather models are showing somewhat warmer conditions toward the end of the 11–15-day outlook, which helped power prices stabilize following this week's decline. Cash markets remained under pressure, while longer-dated calendar year strips were relatively steady.