Into TVA bilaterals elevated as system prepares for hottest day since 2012

摘要

The Tennessee Valley Authority on July 27 warned that a heat wave is boosting power demand across its system beyond 30 GW, and the surging demand is causing a spike in day-ahead on-peak bilateral price indexes, despite assurances that the system has plentiful supply. The National Weather Service forecasts a high near 98 degrees Fahrenheit July 29 in Nashville, which lies near the center of the TVA’s footprint, which would be more than seven degrees higher than CustomWeather’s normal population-weighted average high temperature for Tennessee.