Monitoring Analytics, the Independent Market Monitor for PJM, has posted the 2015 State of the Market Report for PJM on the Monitoring Analytics webpage.
- PJM Interconnection’s wholesale electric energy, capacity and regulation markets produced competitive results during 2015.
- Energy market prices decreased significantly from 2014 as a combined result of lower fuel prices and lower demand.
- Net revenues in 2015 continued to exceed the net cost of new entry for new gas-fired units in most eastern PJM zones.
- Congestion costs decreased by $546.9 million or 28.3 percent.