PJM Capacity Auction Skyrockets 833% – Is This Going to Affect Energy Pricing?
PJM Capacity Auction Skyrockets 833% – Is This Going to Affect Energy Pricing? Prices at PJM’s annual capacity auction skyrocketed to $269.92 an increase of 833% over the previous year which closed at $28.92 as supply dwindled and demand increased. This means...
Why Your Business’s Electric Bill is So High
Updated: 12/19/2022 In this article we are going to cover the main factors that are driving energy prices so high and where the market is likely to go as a result. The factors that drive energy prices up and down can be broken down into 6 categories: Supply Demand...
What Are the Advantages of Nuclear Energy?
Pros & cons of nuclear energy: is it safe? People often associate nuclear energy with nuclear bombs, or tragedies like Chernobyl or Fukushima. If this is your impression or image of nuclear power, you will be surprised to learn that nuclear energy is actually...
What Are the Disadvantages of Renewable Energy?
What is renewable energy? Renewable energy is any form of energy available from the natural environment and can be replenished repeatedly. An example of this would be hydroelectric or solar energy, these are both freely available in nature and cannot run out by being...
