Subject: no rest for a weary market - cera alert
this is cera ' s western market forecast for november .
lorna
cera alert : sent tue , october 24 , 2000
title : no rest for a weary market
author :
e - mail category : alert
product line : western energy ,
url : http : / / www . cera . com / cfm / track / eprofile . cfm ? u = 5526 & m = 1400 ,
alternative url :
rather than enjoying a respite , western energy markets will make november
a catch - up month . natural gas demand will remain high when compared with
the same period last year , as gas - fired generation will continue to run at
high
utilization rates and market participants try to restore gas storage to normal
levels . the tight supply situation will maintain upward pressure on gas
prices , which will range from $ 5 . 15 to $ 5 . 83 per million british thermal
units , depending on location . refueling outages at three nuclear units , along
with a seasonal decline in hydroelectric output , will maintain gas - fired
generation on the margin for most of november . on - peak power prices will
remain higher as a result , in the $ 86 - $ 98 per megawatt - hour range ,
depending on location .
* * end * *
follow url for complete report .
cera ' s autumn 2000 roundtable event dates and agendas are now available at
http : / / www . cera . com / event
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