Milder-than-forecast cyclone season still affects Southeast US power demand, prices

After forecasting an above-normal hurricane season for 2022, the National Hurricane Center acknowledges the season was “near normal” and just three cyclones hit the southeastern US. Recent system hardening efforts may diminish the 2023 hurricane season impact, experts say, but supply chain issues could slow service restoration. The storm’s lessening of power demand and pricing was short-lived but significant, an…

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