Mass Hub drops $14.50 on lower gas, demand

摘要

Northeast power dailies were weaker Thursday on lower spot gas prices and lower demand expectations. In the Independent System Operator New England territory, Mass Hub on-peak day-ahead plunged $14.50 to the mid-$50s/MWh for Friday delivery on Intercontinental Exchange. Off-peak dropped $1.50 to mid-$50s/MWh. High temperatures in Boston were forecast steady in the low 30s Friday, 6 degrees below seasonal norms, with lows expected to drop 10 degrees day on day to around 18, 4 degrees below normal, according to CustomWeather.