US Northeast power dailies rally on bullish market fundamentals

摘要

1. Mass Hub on-peak for Oct. 21 delivery rose about $1.50 to trade around $60.25/MWh on the Intercontinental Exchange. 2. Fueling the upward pricing movement, ISO New England peakload demand for Oct. 21 was projected to rise over 2% to 14.45 GW, compared with the Oct. 20 forecast of 14.15 GW, system operator data showed. 3. Boston was forecast mild, partly cloudy weather with temperatures in the mid-70s Fahrenheit, according to the US National Weather Service. 4. The Mass Hub day-ahead peak December contract added 25 cents to price at $135.25/MWh in Oct. 20 trading.