Monthly Energy

Energy Scorecard

April – down 360 aMW; surprising it’s not down more given than Coulee has ten fewer feet to draft.
May – down 40 aMW; not a big surprise here, unless you had assumed the first week of May would have had some draft; apparently not.
June – up 200 aMW; we expected more energy than 200 aMW given that Coulee has ten fewer feet of storage, much of which comes out of June.
July – up 600 aMW; not surprised, we expected more energy due to wet and cold April.
August – up 800 aMW, see July.

Daily Energy

Slight builds over last week’s forecast. We do, still, take exception that the last half of July and most of August is either below or at normal.

It’s a big water year, so big Coulee had a 1222′ draft target, something that has only happened in three of the last nineteen water years. So does the RFC really think the second week of August will be below normal? Probably quibbling over farthings, but it does seem odd.

MidC traders enter a new era with the cessation of the Lake Roosevelt draft. BPA has new bullets to fire at the market in the form of refill timing. May actually might take the hit since they’re ten feet fuller than they expected; perhaps they will be less aggressive about refilling since they now are 15% fuller.