NEI Energy Markets Report (April 30th - May 4th)

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

Electricity price changes were mixed last week (see pages 1 & 2).

Gas prices rose at the Henry Hub $0.17 to $7.60 / MMBtu (see page 4).

SO2 allowance offer prices have been increasing over the past four weeks to $540.00 / ton (see page 7).

According to EIA’s STEO, preliminary estimates show that February residential electricity consumption was nearly 17 percent higher than in the same month last year due to colder temperatures. However, an assumed return to normal summer temperatures should keep total U.S. electricity consumption growing at a relatively normal rate of 1.5 percent this year and 1.9 percent in 2008.

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