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US Central power dailies tumble with the start of the month

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US PJM power dailies for Feb. 1 delivery slumped during theJan. 31 trading session on the Intercontinental Exchange asnatural gas at the Texas Eastern M3 hub shed 38 cents on the day.PJM West Hub day-ahead on-peak shed $7.25 to trade near$28.50/MWh, while the corresponding off-peak contract fellabout $6.25 to trade near $26.25/MWh. AEP Dayton hub dayaheadon-peak also lost $7.50 to trade near $26.50/MWh.

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