ISO New England Tracker: Prices dip on warmer weather, lower power demand

摘要

ISO New England wholesale power prices sank as much as 21% year onyear in November following lower gas prices on warmer weatherweakening power demand across the footprint.Peakload fell 2.5% year on year but increased 7.7% month onmonth to average 15 GW in November, according to ISO data.Population-weighted temperatures across the ISO footprint averaged47.3 degrees Fahrenheit in November, 17% higher year on year and 7%above normal, leading to 28.3% less heating-degrees days than lastyear and 17% fewer than normal, according to CustomWeather data.