Commodity Market Report
WECC power markets short-term outlook: October 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
After a challenging start to 2024 due to the cheap natural gas price environment, power prices have rebounded over the second half of the year in conjunction with recovering natural gas prices. This sets the stage for 2025 and beyond. Though warmer than normal winter weather forecasts have softened the front of the natural gas price curve, there remains the expectation of gradually increasing prices over the next five years. When this is pitted against demand growth driven by large loads and the resulting tighter supply stacks, there is a lot of upside potential in power prices over the short term across many regions of the country.
Table of contents
- The need for supply is a major theme across many markets in North America
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Europe power markets strategic planning outlook: 2025
A summary of our latest long-term regional outlook for European power capacity, supply and demand.
Commodity Market Report
Mexico gas, power and renewables strategic planning outlook 2025
Our flagship market fundamentals outlook to 2050.
$8,000
Asset Report
Yimei alumina refinery
A detailed analysis of the Yimei alumina refinery.
$2,250
