Western power dailies continue lower

摘要

Western on-peak day-ahead prices continued their downwardmomentum Wednesday for Thursday delivery.Palo Verde on-peak day-ahead sank about $3 to price in the low$20s/MWh on the Intercontinental Exchange for Thursday delivery,pricing below $30/MWh for seven consecutive days. Similarly, Meadon-peak lost $2.75 to price near $20.50/MWh, while the correspondingoff-peak package gained less than 25 cents in the low $20s/MWh.