PJM power prices edge lower overall despite weather alerts extended

摘要

1. PJM West Hub day-ahead peak saw notable falls, down about $7.50 to trade at $56.25/MWh on the Intercontinental Exchange for Aug. 10 delivery. 2. The real-time peak contract saw larger drops, down about $10.50 to trade around $54.50/MWh. 3. AEP Dayton Hub day-ahead peak tripped around $5.75 to trade at $56.25/MWh. 4. Despite lower spot pricing, PJM extended its Hot Weather Alert through Aug. 10 as high temperatures in the region were forecast to 91 Fahrenheit, according to PJM data.