US Energy Market Trends: Record Capacity Prices, Rising Bills, and Stock Gains

TL;DR Summary
PJM's latest capacity auction set a record with prices reaching a $329.17/MW-day cap, up 22% from last year, driven by tight supply and demand conditions, and potentially leading to 1.5% to 5% rate increases for some consumers. Despite new generation and uprates, supply is not keeping pace with rising demand, prompting market consolidation and political debates over energy policies.
Topics:business#capacity-auction#electricity-costs#energy#energy-market#pjm-capacity-prices#power-generation
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