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Analysis & Forecasts


May 2018

Electricity demand in the United States is expected to be supported by warmer-than-average temperatures this summer. The National Oceanic and Atmospheric Administration (NOAA) expects temperatures between June and August 2018 to be 1.7% higher than they were over the same period in 2017 but 0.9% lower than the previous 10-year average for the summer. This is expected to underpin demand for air conditioning from residential and commercial consumers, which together accounted for around 72% of total electricity consumption in Q1 2018.

Demand increases are expected to...