Mass Hub dailies drop below $20/MWh

摘要

Northeast power prices were down Wednesday with lower demandrnexpected on falling forecast temperatures and weaker spot gas prices.rnMass Hub on-peak shed $2 to around $19.25/MWh for Thursdayrndelivery on the IntercontinentalExchange. Off-peak sank $1.50 to aboutrn$11.50/MWh. Balance-of-the-week on-peak lost $1.25 to roughly $19.75/rnMWh with off-peak down 25 cents near $10.75/MWh. Next-weekrnon-peak added 50 cents to nearly $22.75/MWh.