Platts – The Barrel
by Eric Wieser
For the wholesale power markets, summer and winter typically grab the bulk of traders’ attention as loads can push the limits, which can result in bouncing power prices.
This past summer, temperatures in the lower 48 states came in as the fifth warmest in the 122-year period of record, tying 2006, according to the National Oceanic Atmospheric Administration.
So one might expect hot weather drives demand, which in …