Monitor: PJM’s Markets Produced Competitive Results In First Quarter Of 2015

May 20, 2015

PJM’s wholesale electric energy, capacity, and regulation markets produced competitive results during the first three months 2015, according to the grid operator’s independent market monitor. Energy market prices decreased significantly from the first three months of 2014 as a combined result of lower fuel prices, lower demand, and improved grid operations. The load-weighted average real-time locational marginal price was 45.2 percent lower in the first three months of 2015 than in the first three months of 2014, $50.91 per MWh versus $92.98 per MWh. But the load-weighted average LMP in the first three months of 2015 was 36.1 percent higher than in the first three months of 2013.

http://www.satprnews.com/2015/05/18/2015-state-of-the-market-report-for-pjm-january-through-march/