US PJM, MISO power bearish on strongly above-normal temperatures

摘要

Power in the PJM regional transmission organization trendedbearish on the Intercontinental Exchange during Feb. 28 tradingin reaction to even higher temperatures in the region March 1.PJM West Hub day-ahead on-peak slid about $1.50 down toprice about $29.75/MWh and real-time peak contract slumpednear $1 to about $29.75/MWh.AEP Dayton Hub day-ahead peak inched around 50 cents toprice at approximately $28/MWh.