Higher demand, spot gas boost power prices

摘要

Northeast spot power prices were stronger Wednesday on higherrndemand expected and rising spot gas prices.rnMass Hub on-peak rose almost $10.75 to the upper $40s/MWh forrnThursday delivery on IntercontinentalExchange following stronger spotrngas prices. Off-peak was up $2.75 in the mid-$20s/MWh. On-peakrnbalance-of-the-week rose to the mid-$50s/MWh with next-week up tornthe mid-$30s/MWh.