North America Gas & Power Outlook
February 2025
Released for subscribers last month, the North America Power Monthly Outlook gives you a comprehensive analysis of power market supply and demand fundamentals across North America.
In this market outlook, we cover:
- Canadian tariff uncertainties while aluminium and steel tariffs take effect.
- PJM navigates data centre demand surge and reaches capacity pricing compromise.
- ERCOT faces bearish summer outlook as renewable additions outpace load growth.
- Northeast markets influenced by Hydro-Québec's ongoing drought conditions.
- Western regions benefit from above-normal snowpack, pressuring CAISO futures.
- Regulatory shifts in Ontario and California set to transform regional market dynamics.
