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Total Degree Days (Energy Demand)


       
6 Months   1 Year   3 Years   Max
Last update: June 24, 2018, 16:03 EDT
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Description

Total Degree-Days chart shows the running aggregate of the projected number of total-degree days (TDDs) over the next 15-day period. It also shows the price of NYMEX Henry Hub natural gas futures contract (daily close), 30-year (TDD) norm and last year's (TDD) results. TDDs are important because they essentially indicate the volume of weather-related energy demand.

Please note, that 24h "bullish change" in total degree-days (TDDs) may be partly the result of seasonal factors. Each day, the forecast is extended by one extra day. Therefore, the absolute number of projected cooling degree-days (CDDs) will be rising as we move closer towards peak summer consumption (July-August). Equally, the absolute number of projected heating degree-days (HDDs) will be rising as we move closer towards peak winter consumption (January-February).  

Source:  BGR hybrid model comprised of GFSNAMCanadian GGEM and ECMWF.  

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