The Brink of Ruin?
report," says Whitehouse, "PJM estimates that a new peaker with a marginal variable cost of $30 per MWh would have earned about $77,000 per MW in the PJM energy market during 1999 in fixed margins. This is equivalent, to $77/kW-year, or $6.42/kW-month. The important point is that this is enough to pay all of the annual fixed costs for a new peaker in a year."
Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.