PJM West Hub inches up to upper $30s/MWh

摘要

Mid-Atlantic day-ahead power prices increased Friday despite lowerrnexpected demand and spot gas prices, along with forecasts calling forrnhigher temperatures.rnPJM West Hub on-peak jumped $2.50 to around $38.25/MWh forrnMonday delivery on the IntercontinentalExchange. Off-peak rose $4.75rnto about $34/MWh. Balance-of-the-week on-peak added 25 cents torn$34.75/MWh. Next-week on-peak was around $32.75/MWh. Weekendrnon-peak was near $35.50/MWh with off-peak around $30/MWh.rnTexas Eastern M-3 day-ahead natural gas shed 83.6 cents torn$2.409/MMBtu.rnThe PJM Interconnection predicted peakload to reach 112,750 MWrnSaturday, 106,775 MW Sunday and 115,850 MW Monday.rnMidwest spot power prices were weaker Friday with lowerrnpredicted demand and higher forecast temperatures.rnIndiana Hub on-peak lost 25 cents to about $26/MWh for Mondayrndelivery on ICE. Balance-of-the-week on-peak was down 25 cents tornabout $27/MWh.