Western power dailies continue lower

摘要

Western on-peak day-ahead prices continued their downward momentum Wednesday for Thursday delivery. Palo Verde on-peak day-ahead sank about $3 to price in the low $20s/MWh on the Intercontinental Exchange for Thursday delivery, pricing below $30/MWh for seven consecutive days. Similarly, Mead on-peak lost $2.75 to price near $20.50/MWh, while the corresponding off-peak package gained less than 25 cents in the low $20s/MWh.