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High temps, low gas prices trip up US power markets heading into winter

With Eric Wieser

December 17, 2015 10:00:20 EST (3:53)

Winter technically starts on Dec. 21, but warm weather throughout the Northeast US is defying more typical seasonal shifts for electric power markets. Eric Wieser dives into how the fuel mix for power generation has shifted over the past couple of years and how power prices are shaping ahead of winter in light of a lower energy complex. The Mass Hub January-February 2016 package averaged in the mid-$70s/MWh in November, but has dipped as low as $45.15/MWh this far in December; where could it go from here?

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