The closing price of $ 76.53 per megawatt - day for PJM's 2020/2021
capacity auction shows that the market is meeting the goal of «reliability at the lowest reasonable cost» while attracting «efficient, high performing and competitive resources that support reliability,» according to PJM president Andrew Ott.
Not exact matches
Maryland regulators have accepted the results of a supply
auction, but consultant Boston Pacific said analysis
showed declining participation because of rule changes in the PJM
capacity markets.
«The latest
auctions have
shown that renewable power can be produced offshore without any additional funding,» Lies said, adding that Germany should increase its expansion goal for offshore wind power to 20 gigawatts (GW) installed
capacity by 2030 (current goal: 15 GW).