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November 22, 2024
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Low PJM Capacity Prices No Bargain, Coal & Gas Generators Say
Constellation and Vistra Report on Auction Results
All of Constellation Energy's 16,175 MW of nuclear capacity cleared in PJM's 2023/24 capacity auction, including the Byron, Dresden (pictured) and Quad Cities plants in Illinois, which were left out of the money last year.
All of Constellation Energy's 16,175 MW of nuclear capacity cleared in PJM's 2023/24 capacity auction, including the Byron, Dresden (pictured) and Quad Cities plants in Illinois, which were left out of the money last year. | American Nuclear Society
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Gas- and coal-fired generators said the sharp price drop in PJM’s 2023/24 capacity auction shows the RTO’s long-term reliability is at risk.
Capacity MarketCoalNatural GasNuclear PowerPJM