East prices sink in May; summer strength seen

摘要

Despite generally flat natural gas prices and rising demand,rnMay's day-ahead on-peak power prices were down sharply month tornmonth, but July-August forwards indicated strength, compared withrnday-ahead on-peak prices in July-August 2015.rnFor the eight eastern hubs included in this analysis, day-aheadrnon-peak prices fell an average of 17.4% from April to May, and the yearover-rnyear drop averaged 29.2%.