Weekly Observations
- Very STRONG week for wind. Speeds up 25% compared to a year ago, driving 38% increase in production
- October wind generation and utilization still lower compared to year ago, but coming back fast
- Only wind area that lagged was West / North Texas where speeds were down again this week (also lagging in October and Q4)….This is most negative for NEE & NEP, while AGR is mostly in the Southern / Eastern Texas region.