SP15 dailies drop to mid-$20s/MWh

摘要

West day-ahead power prices fell Thursday amid both weaker spot gasrnand lower demand projections.rnIn California, SP15 on-peak sank nearly $3.75 to about $25.75/MWhrnon the IntercontinentalExchange for Friday-Saturday delivery. SP15 offpeakrnshed 50 cents to $24.75/MWh.rnPG&E city-gate spot gas gave up 7.5 cents to $2.205/MMBtu forrnFriday flow and SoCal city-gate spot gas dropped 10 cents to $2.190/rnMMBtu.