Mass Hub hits monthly high amid rising gas prices, demand

摘要

Northeastern power dailies strengthened across the board Tuesday as natural gas prices and power demand increased. In ISO New England, Mass Hub day-ahead on-peak climbed $4 to trade in the upper $20s/MWh on the Intercontinental Exchange for Wednesday delivery, the highest price for the month to date. Algonquin city-gates spot gas rose about 11 cents Tuesday to $2.185/MMBtu for Wednesday flow. ISONE peakload is projected to jump 21% Wednesday to 19,450 MW, according to grid operator data.