Very efficient CC gas units in Entergy and ERCOT are setting price.  Midwest and Plains has gas setting price 4-6 hours per day and coal the remaining 10 hours.   The NE markets (NY and NEPOOL) are the only markets with 10,000 HR gas units setting price across the entire peak.
 
Keep in mind that current temps are truly "no load" temps for East power (no heating or cooling demand).   The addition of new combined cycle units in our market have been destructive to forward heat rates.
 
Later.

-----Original Message-----
From: Belden, Tim 
Sent: Monday, November 05, 2001 12:49 PM
To: Presto, Kevin M.
Subject: FW: Power Indices 


what fuel is on the margin in your markets that are printing in the $20's?
 -----Original Message-----
From: IntercontinentalExchange [mailto:feedback@intcx.com]
Sent: Monday, November 05, 2001 9:55 AM
To: powerindex@list.intcx.com
Subject: Power Indices 



IntercontinentalExchange 
Firm Power Price Bulletin 

For Power Delivered on Tuesday, November 06, 2001 
(Trade Date of Monday, November 05, 2001) 

Click here to access index history <http://www.intcx.com/SubscriberServlet/subscriberservlet.class?operation=powerIndexForm&hub=All>. 

* volume represents sell-side only * 

Hub	 High	 Low	 Wtd Avg Index	 Change ($)	 Vol (Mwh)	
Cinergy	 $24.85	 $22.00	 $23.40	 - 1.63	 88,800	
Comed	 $21.25	 $21.00	 $21.08	 - 1.80	 2,400	
Entergy	 $28.50	 $23.45	 $25.41	 - .48	 18,400	
Nepool	 $36.75	 $35.25	 $35.77	 - 3.24	 7,200	
Palo Verde	 $34.50	 $29.05	 $31.56	 - 1.77	 4,000	
PJM-West	 $25.40	 $24.15	 $24.64	 - .01	 88,800	
SP-15	 $35.00	 $30.00	 $32.24	 - .97	 5,600	
TVA	 $24.10	 $22.75	 $23.73	 - 2.13	 27,200	

Includes all trades done from 6 AM to 11 AM Central Prevailing Time on the trade date specified for financially firm power delivered during the on-peak hours (6 AM - 10 PM CPT for Eastern hubs / 6 AM - 10 PM Pacific Prevailing Time for Western hubs) on the delivery date(s) specified. 

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