Palo Verde spot drops $5.25 amid steady weather forecast

摘要

West daily power packages fell Thursday on seasonal forecasttemperatures, lower forecast peakload and lower spot gas prices.In the Southwest, Palo Verde on-peak dropped $5.25 to trade in thelow $40s/MWh for Friday delivery on the Intercontinental Exchange.High temperatures in Phoenix were forecast to be steady in the mid-100s Friday, near seasonal norms, according to CustomWeather.The region is under an excessive heat warning through 8 pm MSTSaturday, according to the US National Weather Service.