Amidst

In an attempt to better support record-breaking power demand inthe Midwest, OG&E Electric Services (OG&E), an OGE Corp.subsidiary, said yesterday it plans to reactivate two powergenerators at its Mustang Power Plant. The utility is alsoconsidering other enhancement projects, with a goal to add 1,000 MWto its power supply system.

Contrary to most expectations, cash prices started-off the newweek with an upward spike across the board, logging gains of morethan a dime – in most areas – from weekend levels. Most sourcesattributed the rise to active buying as many market players weretaking advantage of below index pricing ahead of anticipated coolertemperatures later in the week. Cash prices at some deliverypoints, such as Northern Demarc and Ventura in the Midcontinent andthe PG&E citygate in California, registered gains upwards ofmore than 20 cents.