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Brief
On March 20, 2025, the Federal Energy Regulatory Commission (FERC) issued an update regarding FERC State of the Markets Report for 2024 Released. The report highlights key market conditions and emerging issues in natural gas and electricity markets, with a focus on significant trends and fundamentals for 2024. Electricity demand increased by 2.8% across all regional organized markets, while wholesale prices declined despite retail price increases due to extreme weather and resource mix impacts.
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