Winter storm Jonas fails to rally spot power

摘要

Mid-Atlantic day-ahead power prices were pulled down Thursday with lower expected demand even as weather forecasts called for frigid conditions ahead of Winter Storm Jonas. PJM West Hub on-peak dropped 50 cents to around $35.75/MWh for Friday delivery on IntercontinentalExchange. Off-peak shed $4 to about $29.25/MWh. Next-week on-peak eased 50 cents to about $34.50/MWh. Texas Eastern M-3 day-ahead natural gas added 7.1 cents to $3.271/MMBtu.