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Watch: US Northeast power forwards move higher despite warmer outlook

Power forwards across the US Northeast trended much higher in October when compared with last year's packages, despite the three-month outlook temperature probability map showing a greater probability for above-normal temperatures. In New England, power packages followed higher gas forwards. Could we see the market turn to oil-fired generation again this year? Kassia Micek, senior pricing specialist for S&P Global Platts, looks at the key factors in the market.