US California, Southwest power dailies slip, Northwest rises amid incoming heat wave

摘要

1. Power prices in the Pacific Northwest moved higher, as a heat wave was expected to impact the region and extend through the weekend, bringing an excessive heat watch and temperatures 20-30 degrees above late-June averages, according to the National Weather Service. 2. Mid-Columbia on-peak for June 24 delivery added about $10.25 on the day to trade around $37.75/MWh, and the corresponding offpeak edged about $1.50 higher to trade around $19.50/MWh. COB on-peak also rose about $7.25 to price near $39.25/MWh. 3. In forwards, the Mid-C on-peak July package gained about $5 to trade at $198/MWh.