California prices fall on lower demand

摘要

In California and the Southwest, on-peak power prices fell on lowerrnprojected demand and a forecast for normal to below-normalrntemperatures.rnSP15 day-ahead on-peak fell $3 to about $33.25/MW onrnIntercontinentalExchange for Thursday delivery. Off-peak gained 25rncents to around $29.25/MWh for Thursday delivery.rnThe California Independent System Operator projected demand tornpeak around 37,700 MW Wednesday and 35,175 MW Thursday.