California dailies drop with softer demand

摘要

California dailies weakened Monday on softer demand while prices inrnthe Northwest rose on an above-normal temperature forecast.rnIn California, SP15 day-ahead on-peak fell 50 cents to about $31.25/rnMW on the IntercontinentalExchange for Tuesday delivery. Off-peakrndropped $1.25 to around $28.75/MWh.rnCalifornia ISO projected demand would peak around 31,775 MWrnMonday and 30,275 MW Tuesday. Peak demand averaged 34,450 MWrnSeptember 5-9, down 11% from the previous week. Peakload forrnSeptember to date averaged 35,350 MW, which is almost 11% below thernSeptember 2015 peakload.