Platts
PJM Interconnection energy prices were lower in the first quarter of this year than in Q1 2014, but some generators showed signs of “economic withholding” in February, the market monitor said in a newly released report.
Monitoring Analytics, PJM’s IMM, concluded in its latest State of the Market Report — posted on the Monitoring Analytics website Monday — that the market produced competitive results in Q1.
Lower fuel prices, lighter loads and improved grid operations caused energy market prices to decrease significantly in the first quarter, Monitoring Analytics said, down 45.2% compared with the same quarter of…