Cold boosts Mass Hub to upper $30s/MWh

摘要

New England day-ahead power prices jumped Friday with coolerrnweather expected in the region to boost demand, at the same timernthere was less available generation.rnMass Hub on-peak climbed nearly $10 to about $38.50/MWh on thernIntercontinentalExchange. Mass Hub on-peak weekend was aroundrn$26.25/MWh. Mass Hub on-peak balance-of-the-week was at about $43/rnMWh, indicating possible further upward momentum for day-ahead prices.rnNew England ISO forecast Friday's peak at 16,560 MW, 16,140 MWrnSaturday and 15,960 MW Sunday. Monday's peak was projected nearrn18,000 MW while at the same time available generation was expectedrnto drop about 5% compared with the previous day.rnBoston high temperatures Monday were expected around 30 withrnlows in around 21.