North America Power Markets Short-term Outlook: April 2025

Report Summary:

After a weak year in 2024, power prices have plenty of upside potential in 2025 and beyond. A lower gas supply environment has resulted in much stronger prices to begin the year and has dragged up the forward curves. At the same time, large load demand forecasts have continued to grow, resulting in higher demand projections between forecasts. Combined, these forces create plenty of opportunity for various technologies in power markets, both old and new.