AD Hub on-peak spot up $2 on higher demand, temperatures

摘要

Mid-Atlantic daily power prices strengthened Thursday on higherdemand projections and higher forecast temperatures, asMidcontinent power dailies fell despite higher peakload expectations.In daily power packages, AD Hub on-peak day-ahead rose $2 totrade in the mid-$30s/MWh for Friday delivery on the IntercontinentalExchange.PJM West Hub on-peak added more than $1.75 to trade in the mid-$30s/MWh. PJM West Hub has averaged in the mid-$20s/MWh monthto date, 27% lower than a year ago.The PJM region is under a hot weather alert from 7 am to 11 pm EDTThursday through Saturday with peakload forecast around 140,950 MWThursday, 142,700 MW Friday - the highest level since September -and 132,750 MW Saturday.High temperatures across the PJM footprint were forecast to arange from the mid-80s to mid-90s Fahrenheit Thursday throughSaturday, as much as 9 degrees above seasonal normal, according toCustomWeather.