Cheap fuel, flat load weaken PJM prices: report

摘要

Plunging fuel prices and flat demand overpowered strengtheningrncapacity prices and a shrinking generation fleet to push wholesalernpower prices lower in the PJM Interconnection in 2015, the grid'srnindependent market monitor reported Thursday.rnMonitoring Analytics posted its State of the Market Report for PJMrn2015 on the firm's website Thursday, and Joseph Bowring, the firm'srnpresident, conducted a media presentation about it that morning.rnThe total load-weighted average locational marginal price for thernyear, including fuel, capacity, transmission and other components, fellrnby almost 21% in 2015 to $56.86/MWh, Bowring said.