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Power Market Update | 09.25.24

Electricity markets are rounding out a quiet September as warmer temperatures persist as the calendar turns to October.

Electricity demand across major markets is making its seasonal decline into the autumn minimums leading to soft pricing while sentiment has clearly shifted in favor of nuclear generation with some major news announcements this week.

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Detailed U.S. Power Generation Charts in the PDF Below:

Electricity Generation Mix Charts
1.92MB ∙ PDF file
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Power Market Headlines:

Microsoft AI Needs So Much Power It’s Tapping Nuclear (Bloomberg) - Link

Three Mile Island’s Nuclear Plant to Reopen, Help Power Microsoft’s AI Centers (WSJ) - Link

14 Major Global Banks and Financial Institutions Express Support to Triple Nuclear Energy by 2050 (World Nuclear Association) - Link

Georgia’s New Nukes Help Decarbonize State’s Emissions (Reuters) - Link

Negative Power Pricing is Becoming More Common in Europe (WSJ) - Link

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