1. ERCOT North Hub real-time on-peak for next-day delivery rose about $3.75 Feb. 8 on the Intercontinental Exchange to trade around $29.25/MWh, the highest price in about two weeks. 2. Further ahead, packages for the upcoming weekend flow rose considerably on ICE, with ERCOT North Hub on-peak for Feb. 13 through Feb. 14 flow pricing around $92/MWh and the corresponding packages for Feb. 14 and Feb. 15 flow each trading above $100/MWh. 3. In forwards, ERCOT North Hub on-peak July-August remained flat on the day at $80/MWh. 4. ERCOT peakload demand for Feb. 9 is forecast to rise about 1.50% on the day to 42.70 GW. Demand is expected to continue increasing as temperatures are forecast to decline later in the week, according to the US National Weather Service. 5. The most recent six- to 10-day weather outlook predicts a high probability of below-average temperatures across much of the United States, lifting power prices across the country.
展开▼
