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
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that SD Times | BZ Media has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and commercial UAV markets.
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists l...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...