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November 23, 2024
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Capacity Prices Double in Western PJM, Flat in East
Demand Response, Imports Down
The 2017/2018 capacity auction cleared at $120/MW-day in most of PJM as restrictions on demand response and imports doubled prices in Virginia, West Virginia, North Carolina and much of Ohio. Prices were essentially flat in the East.
Capacity MarketDemand ResponseFERC & Federal