US Energy Market Trends: Record Capacity Prices, Rising Bills, and Stock Gains
Originally Published 5 months ago — by Utility Dive
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.