News & Analysis - Electric Power
London (Platts)--2 Mar 2015 847 am EST/1347 GMT
German day-ahead power prices remained below Eur30/MWh Monday as strong
wind power output boosted supply with wind levels forecast to average just
below 20 GW on Tuesday, according to sources.
Mid-Atlantic dailies gained December 5 with the for-December 8 premium and firmer demand for the week ending December 12, along with an uptick in spot gas markets, terms moved up with the rally in NYMEX gas. PJM West Hub day-ahead on-peak futures gained $2 to the mid-$40/MWh for December 8 delivery on the IntercontinentalExchange. PJM West on-peak weekend packages were in the mid-$30s/MWh on ICE, with off-peak weekend packages valued in the upper $20s/MWh.
Thailand's PTT is expecting its first long-term contractual delivery from Qatari supplier Qatargas in the first half of January, according to a source close to the buyer.
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