Mass Hub on-peak sinks $6.25 on lower demand forecast

摘要

Northeast power dailies were weaker Thursday on lower expectedpower demand.In the ISO New England territory, Mass Hub on-peak day-aheaddropped $6.75 to trade in the low $40s/MWh for Friday delivery on theIntercontinental Exchange. Off-peak sank $4.75 to trade in the mid-$20s/MWh.Boston high temperatures were forecast in the upper 80s forFriday, 6 degrees above normal, according to Custom Weather.ISO New England forecast peakload to fall 4.6% to around 21,275 MWFriday from 22,300 MW Thursday.In the New York ISO territory, day-ahead average locationalmarginal prices also were weaker on lower peakload projections.NYISO Zone J New York City LMP on-peak sank $6.25 to about$46.25/MWh for Friday delivery, while off-peak slid $3 to $25.75/MWh,according to the ISO.NYISO Zone A West LMP on-peak dropped $5 to more than$38.75/MWh, as off-peak fell $2 to more than $22.75/MWh.NYISO Zone G Hudson Valley on-peak shed nearly $3.50 to around$41.75/MWh as off-peak decreased $2.50 to about $24.25/MWh.