Kathy Kunkel
๐ค SpeakerAppearances Over Time
Podcast Appearances
PJM's prices for generation went up.
by a factor of 10.
That's a lot.
Yeah, that's a lot.
So if you're planning like a 20 to 30 year asset, I'm not convinced that like knowing a couple years price signals is really that useful.
So what used to be like a two, two and a half year wait time to get your turbine has now turned into a five or six year wait time.
most of the money from the capacity market just ends up going to existing power plants.
I think it's almost inevitable the way that these structures are set up that ordinary people are going to end up subsidizing power.
the wealthiest industry in the world.