Mostnext-day power markets around the United States could see slightlysofter moves in the midweek session Wednesday, March 30, as traders look togenerally weaker demand outlooks.
InTexas, electricity demand is seen reaching 40,821 MW on Wednesday and 41,110 MWon Thursday. Load in California is expected to hit highs at 27,716 MW onWednesday and 27,926 MW on Thursday.
Inthe East, front-month power packages tacked on more than $1 at NEPOOL-Mass andadded 70 cents at PJM West in deals carried out on either side of $32, trailinghub activity for May power delivery by more than $1 in New England and by over$2 at PJM West.
Inthe Midwest, pricing for April power rose by nearly 90 cents to almost $30 atPJM AD and ascended by more than $1 to roughly $28 at PJM Northern Illinois, asprompt-month prices at MISO Indiana climbed by around 60 cents to an indexapproaching equal value with PJM Northern Illinois April action. Power pricesfor May at the three hubs likewise spanned the high $20s to the low $30s.
Inthe South, the ERCOT markets saw power deals for April lifted by more than $1across the board to indexes spread from roughly $24 to $27, a range shared withregional trading activity for May power.
Inthe West, California saw month-ahead power prices deflate by more than $1against the wider uptick to average near $22 at North Path-15 but advance byroughly 60 cents to an index atop $21 at South Path-15, as Mid-Columbia Aprilrose by more than 70 cents to an index at about $13 and Palo Verde April dealsclimbed by around 40 cents to average at above $18. Price activity for Maypower similarly spanned the low $20s in California and the low to high $10selsewhere in the region.
Marketprices and included industry data are current as of the time of publication andare subject to change. For more detailed market data, including power andnatural gasindex prices, as well as forwards and futures, visitour Commodities Pages.