Click here to close now.

Welcome!

News Feed Item

WSI: Threat of Cooler Temperatures Increasing as Summer Progresses in the North-Central and Northeast

Hottest Temperatures to Become More Focused Across Western US

ANDOVER, MA--(Marketwired - June 23, 2014) - WSI (Weather Services International) has issued their latest forecast for the July-September period. The forecast indicates below-normal temperatures will be prevalent across the north-central and northeastern states, along with the Rockies. The most significant negative temperature anomalies will be found across the northern Plains and northern Rockies. Above-normal temperatures are expected in the Southeast US and western states. The most significant heat, relative to normal, is expected across the Pacific Northwest. The WSI seasonal outlooks reference a standard 30-year normal (1981-2010). 

According to WSI Chief Meteorologist Dr. Todd Crawford: "To date, the summer pattern has consisted of southwestern heat, cool temperatures across the northern Rockies and northern Plains, and alternating warm and cool spells across the southern Plains and the East. Our latest forecast models suggest that this general pattern will persist through the summer, with increasing odds of below-normal temperatures across the north-central and northeastern US, and better chances of above-normal temperatures across the Pacific Northwest. The atmospheric forcing from the tropical Pacific suggests that cooler risks may rule the day across the north-central/northeastern US by later in July as the next push towards El Nino conditions occur in the tropics."

In July, WSI sees the monthly breakdown as:

Northeast* - Cooler than normal
Southeast* - Warmer than normal
North Central * - Cooler than normal
South Central* - Warmer than normal
Northwest* - Warmer than normal
Southwest* - Cooler than normal

According to Chris Kostas, Senior Power & Gas Analyst at ESAI Power LLC: "Aggregate North American natural-gas demand in July is expected to run below normal due to the cooler-than-normal temperatures that are expected over most of the country. These mild summer temperatures should result in relatively soft energy prices, particularly in the Northeast and Midwest markets. Natural gas prices in the Northeast and Midwest will continue to see significant discounts to Henry Hub due to mild weather demand and continued production growth from Marcellus shale gas region. Robust natural-gas injections should help offset some of the Northeast price weakness and allow storage levels to improve relative to last year, however. In California and eastern Texas, slightly warmer-than-normal July temperatures should help support power prices. Slightly warmer-than-normal temperatures in the South should also help to support Henry Hub prices relative to the shale production region of Pennsylvania."

In August, WSI forecasts:

Northeast - Cooler than normal
Southeast - Warmer than normal
North Central - Cooler than normal
South Central - Warmer than normal
Northwest - Warmer than normal
Southwest - Cooler than normal

Kostas added: "In August, cooler-than-normal PJM and MISO temperatures should help keep power prices and implied market heat-rates relatively soft. Natural-gas prices in the Northeast and Mid-Atlantic region will continue to run soft relative to Henry Hub due to below-normal electrical loads in those regions. Reduced aggregate cooling demand and lower electrical loads should also allow natural-gas inventories to reduce the deficit to last year's level. In Texas, warmer-than-normal August temperatures should help to firm ERCOT power prices and implied market heat-rates."

In September, WSI forecasts:

Northeast - Warmer than normal
Southeast - Warmer than normal
North Central - Cooler than normal
South Central - Cooler than normal
Northwest - Warmer than normal
Southwest - Cooler than normal

Kostas noted: "In September, continued mild Midwest temperatures should help natural-gas inventories close the deficit to last year's storage levels. We expect generally mild temperatures across the Consuming East region this summer will allow natural-gas inventories to recover from the very large drawdown this past winter. Firm power prices resulting from warmer-than-normal temperatures are possible in northern California, eastern Texas and across the South. Warmer-than-normal temperatures in the South and cooler-than-normal temperatures in the Midwest could also help keep Henry Hub prices firm relative to Marcellus price points."

WSI provides customized weather information to global commodity traders via its industry-leading WSI Trader Web site. WSI will issue its next seasonal outlook on July 18. 

*To view the map defining WSI's US regions, click here.

About WSI Corporation
WSI (Weather Services International) and Weather Central are the world's leading providers of weather-driven business solutions for professionals in the energy, aviation, insurance and media markets, as well as multiple federal and state government agencies. Together they comprise the professional division of The Weather Company and are owned by a consortium made up of NBC Universal and the private equity firms, The Blackstone Group and Bain Capital.

About ESAI
Since its inception in 1984, Energy Security Analysis Inc. (ESAI) has been dedicated to monitoring, analyzing and synthesizing information about world-wide energy markets. Tapping the talents of its senior-level staff, ESAI provides clients with unparalleled insight into where the markets have been and where they are headed. ESAI provides ongoing systematic analysis of energy prices in the oil, natural gas and energy markets. For more information on ESAI services, see www.esai.com.

Image Available: http://www.marketwire.com/library/MwGo/2014/6/23/11G017362/Images/US_30Day_Map-939308331098.jpg

Media Contacts:
Katelyn Matheny
WSI
(608) 236-4378
[email protected]

Linda Maynard
WSI
(978) 983-6715 
[email protected]

Tommy Sutro
Energy Security Analysis, Inc.
(781) 245-2036 
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the ...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
IT data is typically silo'd by the various tools in place. Unifying all the log, metric and event data in one analytics platform stops finger pointing and provides the end-to-end correlation. Logs, metrics and custom event data can be joined to tell the holistic story of your software and operations. For example, users can correlate code deploys to system performance to application error codes. In his session at DevOps Summit, Michael Demmer, VP of Engineering at Jut, will discuss how this can...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
The basic integration architecture, as defined by ESBs, hasn’t changed for more than a decade. Most cloud integration providers still rely on an ESB architecture and their proprietary connectors. As a result, enterprise integration projects suffer from constraints of availability and reliability of these connectors that are not re-usable across other integration vendors. However, the rapid adoption of APIs and almost ubiquitous availability of APIs amongst most SaaS and Cloud applications are ra...
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
The most often asked question post-DevOps introduction is: “How do I get started?” There’s plenty of information on why DevOps is valid and important, but many managers still struggle with simple basics for how to initiate a DevOps program in their business. They struggle with issues related to current organizational inertia, the lack of experience on Continuous Integration/Delivery, understanding where DevOps will affect revenue and budget, etc. In their session at DevOps Summit, JP Morgenthal...
"We help to transform an organization and their operations and make them more efficient, more agile, and more nimble to move into the cloud or to move between cloud providers and create an agnostic tool set," noted Jeremy Steinert, DevOps Services Practice Lead at WSM International, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
Overgrown applications have given way to modular applications, driven by the need to break larger problems into smaller problems. Similarly large monolithic development processes have been forced to be broken into smaller agile development cycles. Looking at trends in software development, microservices architectures meet the same demands. Additional benefits of microservices architectures are compartmentalization and a limited impact of service failure versus a complete software malfunction. ...
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...