Northeast power dailies rise on below-average temperatures

摘要

Northeast day-ahead power prices trended higher day on day inanticipation of lower temperatures and mirroring spot gas prices.Mass Hub on-peak day-ahead strengthened day on day, gainingabout $3.25 to $27.25/MWh for Wednesday delivery on theIntercontinental Exchange.ISO New England forecast demand to increase 2% to 15,250 MWWednesday from 14,950 Tuesday, as temperatures were forecast to falllater this week.High temperatures in Boston were forecast to sit near averagelevels in the low 70s Fahrenheit Wednesday and then fall 17 degreesday on day to 54 F Thursday. Similarly, in New York City, hightemperatures were forecast 13 degrees above average at 83Wednesday, before falling 23 degrees to 60 degrees Thursday.