NEI Energy Markets Report (June 5th - 9th)

Here's a summary of what went on in the energy markets last week:

Electricity prices were mixed throughout the country last week (see pages 1 & 2). Gas prices at the Henry Hub rose $0.05 to $6.09/MMBtu (see page 4).

With weak electric heating load due to the warm January and weaker expected cooling load this summer compared to 2005, the consumption of natural gas for generation of electricity is expected to increase only slightly by 0.3 percent in 2006, and then increase by 0.7 percent in 2007. Electric power sector consumption of coal is projected to grow by about 0.7 percent in 2006 and increase by 2.2 percent in 2007. Electricity consumption is expected to increase only slightly during 2006 (0.8 percent) in response to weak heating-related demand this past January and the lower expected cooling-related demand this summer, compared to 2005 (see page 8).

For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

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