South flips a cleared discount into an $18 evening premium over West

Both hubs beat their own day-ahead prices in the early-evening window: South by $57.99/MWh and West by $16.23/MWh. South outperformance, rather than West weakness, drove the reversal. Demand averaged 429 MW above forecast then, versus 456 MW during the quieter late-evening window.

West’s rolling Nov. 12 at 8 AM to Nov. 13 at 8 AM mean fell from $104.12 to $51.49/MWh, below its $60.14 seven-issue baseline but above its $37.14 30-issue baseline. South averaged $51.60/MWh across the same window—effectively level with West—so its clear leadership remains an evening observation, not an all-hours pattern.

Metis 1 Preview’s 6:55 AM CST middle forecast averages $32.11/MWh against $39.84 cleared for Nov. 13 from 5 PM until 8 PM. That softer central outlook accompanies the regional repricing; the more distinctive desk question is whether South retains its evening lead.