Author Jared Anderson
New York — PJM Interconnection’s inflation adjusted load weighted real-time energy prices were lower in the first nine months of 2019 than in the corresponding period of any year since PJM’s energy market was created in 1999, the independent market monitor said Thursday.
The locational marginal price was 30.0% lower in the first nine months of 2019 than in the first nine months of 2018, at $27.60/MWh versus $39.43/MWh, the IMM, Monitoring Analytics, said in its Quarterly State of the Market Report for PJM: January through September.
Of the $11.83/MWh decrease, 34.2% was a result of …
