ERCOT North Hub rises on positive demand forecast

摘要

Power demand in the Electric Reliability Council of Texas service areais expected to jump Tuesday, driven by rising temperatures, liftingERCOT next-day power prices on Monday.ERCOT North Hub day-ahead on-peak rose $7 to trade in the mid-$30s/MWh on the Intercontinental Exchange for Tuesday delivery.On Tuesday, ERCOT system-wide peakload is forecast to jump 14%to around 57,450 MW, according to the grid operator.Tuesday's high temperatures across the ERCOT footprint are