Mid-C jumps to low $20s/MWh on gas, weather

摘要

West day-ahead power prices were stronger Tuesday with spot gasrnprices rising and temperatures forecast below seasonal norms.rnIn California, SP15 on-peak rose 50 cents to almost $29/MWh forrnWednesday delivery on IntercontinentalExchange. Balance-of-the-weekrnon-peak gained 75 cents to $28.25/MWh. Next-week on-peak added $1.25 tornabout $27.75/MWh. Balance-of-the-month on-peak lost 75 cents to $27/MWh.rnCalifornia ISO projected peak demand at about 31,925 MW Tuesdayrnand 31,500 MW Wednesday.