Mass Hub spot prices fall $2.25 on lower spot gas prices, power demand forecast

摘要

New England power dailies were weaker Wednesday on lower spot gasprices and lower power-demand expectations, while New York powerprices were mixed.In ISO New England, Mass Hub on-peak day-ahead dropped $2.25to trade in the upper $20s/MWh for Thursday delivery on theIntercontinental Exchange. Algonquin city-gate spot gas fell 48.5 centsto around $2.365/MMBtu.The ISO forecast peakload to decrease 3.7% to around 13,875 MWThursday, as the Boston high temperature was forecast to fall into thelow 50s for Thursday, 5 degrees below seasonal normal, according toCustomWeather.