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Home » PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
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Map of unit retirements (Monitoring Analytics) Alt FI.jpg
Map of unit retirements: 2011 through 2026 | Monitoring Analytics

PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022

Calls for Replacing Capacity Performance

Mar 9, 2023
Michael Brooks
PJM / Capacity Market / Energy Market / Resource Adequacy

Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.

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