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US POWER TRACKER: ISO-NE Jan spot power, gas prices boosted by storms; forwards lower

February 17, 2024 Comments Off

While ISO New England spot power and natural gas prices increased month on month and year on year in January due to winter storm impacts that lowered temperatures and increased power demand, forward power and gas prices have remained below year-ago levels. ISO-NE Internal Hub on-peak day-ahead power prices reached a daily average high of $180/MWh on Jan. 16 when…