ERCOT next-day rises on higher demand; forward prices fall

摘要

Next-day power prices in the Electric Reliability Council of Texas footprintrose Wednesday on higher demand and warmer weather expectedThursday, while forward prices fell slightly on weaker gas futures.North Hub day-ahead on-peak for Thursday delivery was valued inthe mid-$30s/MWh on the Intercontinental Exchange, up about $5from Tuesday's settle, but still below where the balance-of-the-weekpackage for Friday delivery was traded. However, it was higher thanthe next-week on-peak package.