Low demand drives PJM WH to mid-$20s/Mwh

摘要

Mid-Atlantic day-ahead power prices dropped Friday with demand expected to be lower and temperatures forecast rising to above seasonal norms. PJM West Hub on-peak sank $4.50 to around $26.50/MWh for Monday delivery on the IntercontinentalExchange. Off-peak lost $8.75 to about $18/MWh. Weekend on-peak was around $25.75/MWh with off-peak near $23.75/MWh. Balance-of-the-week on-peak added 25 cents near $28.75/ MWh. Next-week on-peak was around $46.25/MWh. Texas Eastern M-3 day-ahead natural gas gained 4.8 cents to $1.548/MMBtu.