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PJM capacity prices could soar again in next auction, Morgan Stanley says (NYSE:VST)

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Power prices for most of the PJM Interconnection coverage area could reach a price ceiling of $695 per megawatt per day, More than double A record high of $270 per megawatt-hour per day at PGM’s July capacity auction, driven by tight power supplies, Morgan Stanley said in an analysis this week.

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