ISO NEW ENGLAND TRAC KER: Power prices plunge on less demand, warmer weather

摘要

Warmer weather pulled down power demand across the ISO NewEngland footprint in April, causing wholesale power prices to plungeand spot gas prices to decline.Spot prices across the ISO averaged about $28.75/MWh in April, butBoston Hub day-ahead on-peak had the biggest drop as it plunged41.3% year on year and 27.6% month on month to an average of $28.84/MWh in April, the lowest monthly average in a year, according to ISOdata. Boston Hub day-ahead off-peak sank 45% year on year to average$23.41/MWh for the month, the lowest monthly average since June.Internal Hub day-ahead on-peak averaged $28.78/MWh, down39.2% year on year and down 27.4% month on month, as ConnecticutHub day-ahead on-peak averaged $28.70/MWh, 38.8% lower year onyear and 27.2% lower month on month.