New England power prices rise on stronger demand forecast

摘要

New England power dailies strengthened Friday on expectations of higher demand and temperatures in the coming week. In ISO New England, Mass Hub day-ahead on-peak traded in the mid-$20s/MWh on the Intercontinental Exchange for Monday delivery, up $2.25 day on day. The Mass Hub on-peak balance-of-the-week was valued in the upper $20s/MWh, at a premium to the day-ahead price. ISO-NE peakload is projected to reach 16,690 MW Monday, up 11% from Friday, according to the grid operator. By Thursday, ISO-NE peakload could reach 18,170 MW.