ERCOT, Southeast power dailies tumble on bearish fundamentals

摘要

1. ERCOT North Hub real-time on-peak took a dive of about $16.25 to trade around $66.75/MWh for Aug. 2 on the Intercontinental Exchange. 2. The real-time peak balance-of-the-week strip for Aug. 3 to Aug. 6 fell slightly to trade around $53.25/MWh, and the corresponding real-time off-peak contract dropped about $8.75 to trade at $24.50/MWh. 3. Natural gas followed the downtrend, with Houston Ship Channel declining 18 cents to trade at $3.85/MMBtu. Katy-Oasis fell similarly to trade at $3.81/MMBtu for next-day flows.