Electric Reliability Council of Texas day-ahead peak power prices jumped Friday in for-Monday trading on the IntercontinentalExchange as forecasts called for increasingly hotter weather over the weekend and into next week.

Day-ahead peak power packages jumped about 39% on average.

ERCOT Houston day-ahead peak power was trading around $60.50/MWh on ICE, a gain of about $18 on the Platts for-Friday index. ERCOT South day-ahead peak power was trading around $53/MWh, a gain of about $13.75. ERCOT North day-ahead peak was trading around $51/MWh, up about $14.25 on the index.

Prices have average about $40.25/MWh over the past month.

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