MISO, PJM day-ahead prices rise on forecasts of higher demand, temperatures

摘要

Midwest and Mid-Atlantic power dailies rose Tuesday on strongerpower demand expectations and higher forecast temperatures.In the Midcontinent Independent System Operator footprint,Indiana Hub on-peak rose $2.50 to the upper $20s/MWh forWednesday delivery on the Intercontinental Exchange.The ISO forecast peakload would increase 7.3% to around 85,150MW on Wednesday from 79,350 MW Tuesday, as Indianapolis hightemperatures were forecast to jump 17 degrees Fahrenheit into theupper 70s on Wednesday, according to CustomWeather.In the PJM footprint, PJM West Hub on-peak day-ahead rose $1.25to trade in the mid-$20s/MWh for Wednesday delivery on ICE.PJM forecast peakload would rise 5.6% day on day to about94,200 MW on Wednesday, as high temperatures across the gridoperator's footprint were forecast to fall to a range from the upper 70sto the low 80s on Wednesday, but still as much as 5 F above normal,according to CustomWeather.