Find Us

5 Headquarters

4545 Fuller Dr. Suite 412
Irving, TX 75038
Phone: (972) 445-9584
Toll Free: (855) 275-3483
Fax: (855) 329-3493 
email5@energyby5.com

5 - Northeast

865 State Route 33
Ste 3 PMB 1077
Freehold, NJ 07728
Phone: (732) 774-0005
Fax: (855) 329-3483
email5@energyby5.com

5 - Mexico

CP 11000, Miguel Hidalgo
CDMX, Mexico
Phone: +5595287982
mexico@energyby5.com

LEARN

Category: Markets PJM

Coincident Peak Alert for PJM, August 27, 2020

August 27, 2020

Written By: 5

CP - PJM

PJM has issued another hot weather alert today across the region. Temperatures are likely to exceed 90°F with high humidity causing a steady rise in electricity demand. The five Coincident Peak (CP) demand days for 2020 in PJM are shown below in Figure 1. There is a strong risk that a new CP is set this afternoon as forecasters expect that today’s load will surpass 144,000 MWs by 5:00 PM EST.

5cp pjm 8.27img1

Figure 1: Current 2020 Peak Demand (5CP) Intervals, from 5

Figure 2 shows today’s forecast (yellow line) and actual demand (red line) as compared to the highest demand day (green line) which occurred on July 20th:

5cp pjm 8.27img3

Figure 2: PJM - Forecast and Actual MW, from 5

We advise clients to curtail electricity usage this afternoon between 3:00 and 6:00 PM EST. Remember that every kilowatt in reduced demand during these peak hours this summer can lower your capacity cost, and possibly transmission costs, next year.

Reach out to your energy advisor or contact us for more details. 

Other Recent Posts

Featured Image
1 min read

Webinar Recording: Will ERCOT's Luck Run Out? Market Risks and Price Realities

By 5
September 16, 2025

READ MORE >
Featured Image
1 min read

Smarter Decisions with Market Data

By 5
September 9, 2025

According to Michael Clifton, two features of our platform often surprise customers. The first is forward market prices, which shows how wholesale electricity and natural gas are trading. The second i... READ MORE >
Featured Image
1 min read

Expert Team, Better Energy Advice

By 5
September 9, 2025

As Taylor Duncan explains, 5’s advice is better because it brings together expertise from every area that is important to clients. From legal and load forecasting to sustainability, energy analytics, ... READ MORE >