Indiana Hub on-peak spot down $3 on lower peakload demand

摘要

Mid-Atlantic and Midcontinent daily power prices weakened Tuesdayon lower forecast peakload projections and lower spot gas prices.In the Midcontinent ISO footprint, Indiana Hub on-peak droppedabout $3 to be valued in the mid-$30s/MWh on the IntercontinentalExchange.The ISO forecast peakload to decrease 4.5% to about 106,950 MWWednesday from around 111,925 MW Tuesday as Indianapolis hightemperatures were forecast to remain in the upper 80s Fahrenheit forWednesday, 4 degrees above seasonal normal levels, according toCustomWeather.