US POWER TRACKER: SPP spot prices tumble on weak gas prices, mild weather
March 9, 2024 Comments Off
Southwest Power Pool spot prices tumbled in February on weaker natural gas prices from lower fuel costs as milder weather led to decreased demand, while summer load is expected to be 6% higher this year. The three-month outlook shows greater probability for above-normal temperatures across the northern portion of the SPP footprint and equal chances for above- and below-normal temperatures…
US POWER TRACKER: SPP spot prices tumble on weak gas prices, mild weather
Southwest Power Pool spot prices tumbled in February on weaker natural gas prices from lower fuel costs as milder weather led to decreased demand, while summer load is expected to be 6% higher this year. The three-month outlook shows greater probability for above-normal temperatures across the northern portion of the SPP footprint and equal chances for above- and below-normal temperatures…
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