2015 State of the Market Report Available

Monitoring Analytics, the Independent Market Monitor for PJM, has posted the 2015 State of the Market Report for PJM on the Monitoring Analytics webpage.

Some highlights:

  • 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.