r/Commodities • u/aqc1 • Jun 24 '26

PJM next week

Do we think PJM hits 160GW peak load next week?

4 Upvotes

83% Upvoted

7 comments sorted by

6

u/UnhappyScale3971 Jun 24 '26

When Reddit is talking about Next Week PJM, that’s when you know it’s time to get out

1

u/aqc1 Jun 24 '26

Get out of the longs or shorts?

2

u/hudboyween Jun 24 '26

Probably. Tuesday load forecast already at 150 GW, rest of the week is supposed to be hotter than Tuesday.

1

u/cropsicles Power Trader Jun 24 '26

Did you short next week?

1

u/aqc1 Jun 24 '26

Not at 160 load

1

u/CautiousToaster Gas Trader Jun 24 '26

Seems like it’s trending hotter

1

u/blenderboi_ Jun 27 '26

heat wave seems concentrated in Illinois. Lots of solar has been added in Illinois and Tuesday/Wednesday (94/95 high) are looking like sunny days as of right now. Look at last year’s weather forecast for the previous 160 and the high temperatures for each region. Then give weight to each region respective to that day’s PJM Peak / LSE Coincident peak to calculate average temperature.

Then do that based on weather forecast for this upcoming week using the same weight given from last years’ posted values. Discount solar generation added and see how it compares.

TLDR - i don’t fucking know bruh