ERCOT dailies rise as demand strengthens; SE prices fall

摘要

Next-day power prices in the Electric Reliability Council of Texasfootprint continued to rise Thursday on the back of stronger demandas above-normal temperatures are expected to return, while prices inthe Southeast kept falling on cooler weather expectations.North Hub day-ahead on-peak for Friday delivery was valued in thehigh $30s/MWh on the Intercontinental Exchange, up about $2 fromWednesday's settle.The grid operator projected its systemwide peakload would rise to62.6 GW on Friday from 61 GW on Thursday, average 64.8 GW over theweekend before falling to an average below 60 GW next week throughJune 13.High temperatures in Houston were set to rise from just above 90degrees Fahrenheit on Thursday to the mid-90s Friday, the high 90sSaturday, before easing to the low 90s on Sunday and Monday, accordingto CustomWeather data. The seasonal average is in the low 90s.