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June 05, 2023
Home » Capacity Auction: New Generation, Imports Up, Prices, DR Down - UPDATE
By Rich Heidorn Jr. New gas-fired generation and a near doubling of imports caused a big price drop in PJM’s annual capacity auction, the RTO announced late Friday. Prices ranged from $59 to $119/MW-day — down 29% to 68% — in most of PJM, although the Public Service Electric and...
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