Lower demand, falling temperatures pull Western dailies down

摘要

Falling demand and rising power imports helped pull California powerprices lower Wednesday, even as their natural gas counterpartscontinued to climb.SP15 on-peak day-ahead fell $7 to trade in the low $110s/MWh onthe Intercontinental Exchange for Thursday delivery.Spot gas at the SoCal Gas city-gate moved in the oppositedirection of power prices, rising $3.86 to average $22.31/MMBtu on theIntercontinental Exchange, the highest it has traded during the monthof February since at least 2008.