West spot power prices see mixed fortunes, Palo Verde rises $4

摘要

West daily power packages saw mixed fortunes Tuesday as a result oflower spot natural gas prices, higher power demand and ahodgepodge of temperatures.In the Southwest, Palo Verde on-peak power rose $4 to trade in theupper $30s/MWh for Wednesday delivery, as its off-peak counterpartadded 75 cents to trade in the upper $20s/MWh.Phoenix high temperatures were forecast to increase into the mid-90s on Wednesday, 6 degrees Fahrenheit above normal, according toCustomWeather.