SP15 falls alongside increased California hydro generation

摘要

With hydro generation picking up, day-ahead power prices at SP15 weakened on Monday. SP15 on-peak day-ahead fell $6 Monday to trade in the upper $10s/MWh on the Intercontinental Exchange for Tuesday delivery. In April, SP15 on-peak day-ahead has averaged in the upper $20s/MWh, down $2.25 year on year.