US POWER TRACKER: PJM forward power, gas prices remain well below year-ago levels
November 10, 2023 Comments Off
Despite strengthening heading into the winter months, PJM Interconnection West Hub on-peak forward power prices were 46% lower in October trading than last year, and Platts Transco Non-New York forward natural gas prices were 54% lower. Spot power prices increased on the month in October at major hubs except PJM East. PJM West on-peak power forwards for November averaged $44.02/MWh…
US POWER TRACKER: PJM forward power, gas prices remain well below year-ago levels
Despite strengthening heading into the winter months, PJM Interconnection West Hub on-peak forward power prices were 46% lower in October trading than last year, and Platts Transco Non-New York forward natural gas prices were 54% lower. Spot power prices increased on the month in October at major hubs except PJM East. PJM West on-peak power forwards for November averaged $44.02/MWh…
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