Total costs dropped $4.4 billion and prices dropped to $50/MW-day during PJM's years-delayed capacity auction, due to lower load forecasts, which translate to lower reliability requirements, according to the grid operator.
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The U.S. may have a handle on how to decarbonize electricity, a panel of regulators and lawmakers concluded, but eliminating dependence on natural gas without burdening low-income populations is another matter.
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