ERCOT prices climb on stronger gas prices, demand and lower wind forecast

摘要

1. Next-day power prices in the Electric Reliability Council of Texasclimbed on Dec. 30 on higher natural gas prices and power demandbut lower wind generation.2. ERCOT North Hub next-day on-peak added $5.75 to trade in the mid$20s/MWh on the Intercontinental Exchange for Dec. 31 delivery.The next-day off-peak price rose $4 to the upper $10s.3. At the Houston Ship Channel, the spot natural gas price rose 11 centsto around $2.467/MMBtu for Dec. 31 flow.4. The grid operator expects power demand to peak near 47,950 MWon Dec. 31, up 5% on the day.5. High temperatures throughout the ERCOT region are forecast to fall7 to 14 degrees on the day, according to the US National WeatherService.