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NEWS
  • Central US power prices down on mixed demand expectations

    Central  power  dailies  were  weaker  Thursday on mixed peakload projections as forecast 

    temperatures remain below-seasonal norms. 


    In  MISO, Indiana Hub on-peak day-ahead fell $2 into the low $30s/MWh for Friday delivery

    on the Intercontinental Exchange. 


    High  temperatures  in Indianapolis were forecast to increase 9 degrees to the mid-40s for 

    Friday,  still  6 degrees below normal, with lows expected steady in the low 20s, 9 degrees 

    below norms,  according to Custom Weather. 


    MISO forecast peakload to fall 2% to around 83,100 MW Friday from 84,750 MW Thursday. 

    In near-term packages, Indiana Hub on-peak next-week lost $2.25 to the low $30s/MWh on 

    ICE. 


    PJM was exporting roughly 875 MW into MISO around 11:25 am EST Thursday, although it 

    was scheduled to import roughly 825 MW, according to PJM data. On the flipside, PJM was 

    importing around 25 MW from New York ISO, below the scheduled level of approximately 17

    5 MW. 


    In the PJM markets, NI Hub on-peak day-ahead plunged $3.75 to the low $30s/MWh for Frida

    y delivery on the Intercontinental Exchange. 


    Similarly, PJM West Hub on-peak day-ahead sank $1.50 to the mid-$30s/MWh as AD Hub on-

    peak day-ahead was flat in the mid-$30s/MWh 

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