Western daily power prices rise with Cal-ISO peakload demand

摘要

Western day-ahead power prices experienced sustained upwardpressure Tuesday as the California Independent System Operatorforecast peakload demand to reach 43,784 MW Wednesday, thehighest level so far this year.SP15 on-peak day-ahead rose another $8 to trade in the low $60s/MWh on the Intercontinental Exchange.High temperatures in Los Angeles were forecast to be 4 degreesabove normal at 79 degrees Wednesday as a heat wave emergesacross California, according to CustomWeather data.