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New estimates from IMM: Total Cost of Wholesale Power in PJM up 40% yoy
Capacity🔺 80%
Energy 🔺60%
Transmission 🔺5%
Ancillary 🔺15%
This is Jan-Jun 2024 vs Jan-Jun 2025 so (mostly) before recent capacity price increases + unrelated to any changes to wind/solar tax credits
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