US PJM power down on demand, SPP edges higher on cooler temperatures

摘要

After seeing double-digit price increases on theIntercontinental Exchange the day before, PJM spot contracts forDec. 15 delivery priced lower, tracking bearish demand.PJM West Hub day-ahead on-peak had a near $10.50 dipto trade about $79/MWh, and its day-ahead off-peak contractedged almost $3.50 to price close to its peak counterpart at $74/MWh. The real-time peak contract diminished about $11.25 toprice approximately $80.75/MWh.