Surging Capacity Prices in PJM Set off New Alarms
For months now, PJM’s leadership has warned of rapidly approaching power shortages. If there was any suspicion of exaggeration, PJM’s most recent capacity auction has put those rumblings to bed. Capacity payments to generators in PJM, a sort of insurance premium to assure plants are available when needed, just jumped a remarkable 800% as rising […]
- On August 14, 2024 Read More
