GA'd Awful: Global Adjustment Forecast For April is $74.68

My quick observations on yesterday's Update of the Global Adjustment figures:

• 2nd estimate for March exceeds $60/MWh for the first time
• 1st estimate for April exceeds $70/MWh, and that exceeds the average total price for 2011 (HOEP + Global Adjustment).

	Jan	Feb	Mar	Apr
1st Estimate ($/MWh)	42.77	49.06	48.5	74.68
2nd Estimate (M$)	520.2	548	675.2
2nd Estimate ($/MWh)	42.97	50.43	62.13
Actual (M$)	512.3	550
Actual Rate ($/MWh)	42.46	50.62