PJM Capacity Prices Spike For 2018-19

Capacity prices in PJM soared in the 2018-19 Base Residual Auction, the first auction which included a capacity performance product

Capacity clearing prices for base capacity and the capacity performance products were as follows ($/MW-day)

        Capacity       Base        Base
LDA    Performance   Capacity      DR/EE 
RTO       $164.77     $149.98     $149.98
EMAAC     $225.42     $210.63     $210.63
PEPCO     $164.77     $149.98      $41.09
BGE       $164.77     $149.98      $59.95
COMED     $215.00     $200.21     $200.21
PPL       $164.77      $75.00      $75.00