SP15, Palo Verde power dailies surge

摘要

Western day-ahead power prices strengthened Tuesday, with Palo Verdeon-peak jumping about 45% and SP15 on-peak gaining 26% day on day.Palo Verde on-peak day-ahead jumped $15.75 Tuesday to trade inthe low $50s/MWh on the Intercontinental Exchange for Wednesdaydelivery, reaching its highest level since late August. Similarly, PaloVerde off-peak day-ahead added $13.75 Wednesday to trade in theupper $40s/MWh, the highest since early August.