 $/MW-day 2011 / 2012 2012 / 2013 2013 / 2014 2014 / 2015 2015 / 2016 Power’s Average Prices $110 $153 $244 $162 $167 Rest of Pool Prices $110 $16 $28 $126 $136 PSEG Power Cleared Approximately 9,000 MW • No New PSEG Power Generation Cleared the Auction • Preserving Optionality of HEDD Sites 2015/2016 RPM Auction Influenced By: • Updated Demand Curve • Updated Transfer Capabilities • Environmental Retirements • New Build • Below MOPR Bids The Reliability Pricing Model has recognized the locational value of Power’s generating fleet with sites in the eastern part of PJM PJM Cleared Approximately 4,900 MW of New Generation EXHIBIT 99 |
Pseg Power
Filed: 21 May 12, 12:00am