As Marathoners Shiver, Boston Power Prices Surge on Cold: Chart

(Bloomberg) -- Boston Marathon runners facing the coldest start in 30 years weren’t the only ones stung Monday morning. Power traders were caught off guard by the brisker-than-expected temperatures, dark clouds and rain, and that caused wholesale electricity prices in Boston to climb above $200 a megawatt-hour for the first time in a month. In addition to the demand surge, supplies from New York were reduced because two nuclear reactors and a transmission line from Quebec were shut down, Genscape Inc. analysts Michael DuBois and Robert Lance said in emails.

To contact the reporter on this story: Jim Polson in New York at jpolson@bloomberg.net.

To contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Margot Habiby, Will Wade

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