Northeast power prices decline with falling demand

摘要

1.The Mass Hub on-peak day-ahead package for Aug. 26 delivery tumbled about $12 to trade in the low $20s/MWh on the Intercontinental Exchange on Aug. 25. 2.ISO New England peakload demand is projected to fall over 25% day on day Aug. 26 to about 15.8 GW, down from 21.3 GW expected Aug. 25. 3.Such a significant drop in peakload could be attributed to belowaverage temperatures expected in the region, with Boston highs forecast in the mid-70s Fahrenheit throughout the week, pacing below the seasonal average of 80 F, according to CustomWeather.