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040422 Market Analysis Report_April

pdf 311K

Summary:

Market Analysis Report for March 2004, Board of Governors Meeting, April 22, 2004

Extract:

Approximately 12 days of record high temperatures in March across California had the effect of increasing loads and starting the Spring hydro runoff period early. However, this also reduced the snow pack earlier than usual, from approximately 20 percent above average in February to approximately 20 percent below average by the first week of April, potentially reducing the amount of hydroelectric production available during peak load periods this summer.

Document Locations:

• Market Monitoring - 2004 Reports and Presentations