Peakload, power burn sharply curtailed
More than 22 GW of gas generation in storm’s path
More than 76,000 customers in Florida were without power at 5 pm ET Oct. 9, according to PowerOutage.US, as the outer bands of Hurricane Milton lashed the southern peninsula with high winds, heavy rains and storm surges, weakening energy demand and prices.
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Florida peakload was forecast to be about 34.9 GW on Oct. 9, 26.5% less than the same day of the previous week, 47.5 GW, according to US Energy Information Administration data.
One factor that may be weakening demand is the shutdown of various terminals and pipelines supplying refined products to retailers. Kinder Morgan announced Oct. 8 it had shut its Tampa Bay, Florida, refined…
