Wholesale energy market prices would decrease significantly if nuclearplants in Ohio and Pennsylvania are shut down as expected andreplaced with natural gas, PJM Interconnection said in a June 5analysis."Modeling the base case, considering retirements and new entry,shows that wholesale energy market net-load payments woulddecrease by $1.6 billion across the PJM region compared to today'ssystem due to the significant entry of new, efficient resources," PJMwrote in its analysis.If the deactivations of the majority of the nuclear plants inPennsylvania and Ohio are withdrawn, however, and the anticipatednew generation still enters the market, PJM forecasts an additional$474 million reduction in annual costs over the base case for the entirePJM region. "This reduction in customer payments, however, is notnetted against the cost of a potential subsidy to consumers in aparticular state," PJM said.
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