PJM and MISO market activity remained active over the past month as elevated summer temperatures contributed to increased market volatility and higher demand levels. As weather conditions moderated across portions of the Midwest and East, wholesale markets moved lower from recent highs.

The 2026 Atlantic hurricane season is entering its peak period. As of Sept. 8, no significant tropical activity affecting major U.S. production regions has been reported.

As of Sept. 8, PJM West Hub Calendar Year 2027 On-Peak power was trading near $83.90/MWh, while Calendar Year 2028 and 2029 contracts were trading near $85.35/MWh and $81.50/MWh, respectively. Natural gas futures for October delivery are around $2.885/ MMBtu.

Disclaimer: This market update is provided for informational purposes only. Market commentary is not intended as a forecast, recommendation, or guarantee of future prices, market movements, or procurement outcomes. Energy market conditions may change based on weather, supply and demand fundamentals, regulatory developments, and other factors.