What PJM’s Capacity Auction Tells Us About PA’s Energy Future

We spotted an excellent post on the Marcellus Shale Coalition (MSC) website about the recent PJM capacity auction, which we reported on a few weeks ago (see PJM Auction Results: 45% Electricity from Natgas, 5% from Wind/Solar). PJM reported that the price for the vast majority of the grid was $329.17 per megawatt per day (M/M/D), up 22% from one year ago at the same time. The cleared resource mix includes: 45% natural gas, 21% nuclear, 22% coal, 4% hydro, 3% wind, and 1% solar. So much for the myth of "renewables" taking over. MSC went deeper than the numbers and asked the question: What do the results *really* mean for Pennsylvania (and beyond)?

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