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Weekly Observations (data for week of 6/25/2021)
- U.S. electricity demand for the month of June was impressive due to well publicized heat waves across the country
- Multiple states including NY and TX asked residents to curtail demand
- The seasonal summer uptick has been stronger this year than in 2020
- Our data shows US electricity demand up 6% in June y/y
- Meanwhile, wind generation fell 10% y/y, weak at just the wrong time
- Coal (+32% y/y) and solar (+23% y/y) have been gap fillers this month
- June 2021 demand has been strongest y/y in NE/Atlantic, CAISO, and ERCOT, with Florida as the only regional market where consumers are buying less electricity than last June
Visit the Lium Power Consumption model for interactive forecasts
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