Texas summer forwards rebound on updated seasonal outlooks, following a week of weakness

摘要

Forward power prices in the Electric Reliability Council of Texas footprintfor the upcoming summer rebounded Thursday, one day after the gridoperator released its updated outlook for generation resource adequacy.North Hub July-August on-peak real-time futures were seen upmore than $2 day on day at about $101/MWh on the IntercontinentalExchange, after falling $11 over the last seven straight days, as NRGannounced last week to bring back a mothballed gas unit for thissummer.