Mass Hub on-peak falls $1.25 on seasonal weather

摘要

New England power dailies were weaker Friday as forecast temperatures return to seasonal normal levels, while power forwards fall on a lower prompt-month NYMEX gas futures contract. Mass Hub on-peak day-ahead was down $1.25 to trade in the mid- $50s/MWh for Monday delivery on the Intercontinental Exchange, as off-peak dropped $17 to trade in the mid-$30s/MWh. Algonquin city-gate spot gas sank 45 cents to around $4.600/ MMBtu on ICE. Boston high temperatures were forecast in the low 40s for Monday, near seasonal normal, according to CustomWeather.