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Power Market Update | 07.02.2025

Electricity markets in the Eastern U.S. end June with a bang, while July looks to start on a much calmer note.

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After a very mild beginning, June ended with extreme heat and elevated power demand across Eastern electricity markets. The high demand levels saw real-time price spikes to extreme levels - some as high as $4,000 per MWh - as grid conditions tightened.

Looking ahead, although the Independence Day holiday weekend is expected to see heat across major popu…

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