US power prices trend mostly higher as fundamentals take on a shade of winter

摘要

As the remnants of Sandy begin to dissolve midweek, cool airnmoves into the eastern part of the country behind the storm, boostingndemand and sending next-day prices slightly higher in tradingnWednesday, Oct. 31, in most U.S. power markets.nAccording to the U.S. Department of Energy, the former hurricanenand post-tropical cyclone has weakened into a surface trough of lownpressure over western Pennsylvania, and has left more than 6 millionncustomers without power as of Wednesday morning. Damagenassessment and storm cleanup will continue to be the main focusnacross the Northeastern states over the next few days, with dailyntrading kept to a minimum for another day.