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Winter Storms and Summer Sun: Weather-Driven Variations in Market Outcomes and Asset Economics in PJM

By March 14, 2024Group Meeting

In this session, we will cover the following topics:

  • How does weather drive power market outcomes? How impactful are winter gas price spikes on power prices?
  • What year-on-year variation in revenue can various asset types—renewables, batteries, baseload thermal, peakers—expect due to weather? How does this impact risk profiles?
  • What risks do generators run in terms of capacity performance penalties, and how can they mitigate them?

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