US Northeast power dailies trend lower on bearish fundamentals

摘要

1. Mass Hub on-peak for next-day delivery dropped about $22.75 Feb. 9 on the Intercontinental Exchange to trade near $80/MWh, as Boston high temperatures were predicted to rise about 10 Fahrenheit above average to 47 F. 2. Driven by moderate temperatures, ISO New England peakload demand for Feb. 10 was estimated to decline about 1.6 day on day to 16.20 GW. Demand was expected to average 14.88 GW over the next couple of days, ISO data showed.