Power prices for Tuesday in the U.S. West soared to their highest levels since February as homes and businesses cranked up air conditioners to escape a brutal heat wave blanketing the region this week. read more Power traded on Monday for Tuesday jumped to $339 per megawatt hour (MWh) at Palo Verde hub in Arizona and $189 in SP-15 in Southern California, their highest levels since the February freeze caused prices across the country to soar. The California ISO, the grid operator for most of California, forecast power demand would peak at 36,118 megawatts (MW) on Monday and 40,839 MW on Tuesday, the highest […]