The Market Advantage: A Q&A with Joe Bowring
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Introduction
The PJM Interconnection is a regional transmission organization that administers competitive wholesale electricity markets. Monitoring Analytics, PJM’s independent market monitor, evaluates PJM’s markets and monitors the behavior of market participants. Since PJM spans both restructured and traditionally regulated states, its participants include both merchant and monopoly utilities. Merchant generators profit by selling their power and other services, minus their costs. Monopoly utilities earn regulated returns and pass their wholesale-market revenues and costs through to their captive ratepayers.
Joe Bowring, president of Monitoring Analytics, is the most qualified, independent voice for how PJM markets affect electric reliability and the broader economy. This question and answer profile is intended to offer critical insight for policymakers who are concerned with electricity costs, reliability, emissions and innovation.
Read the full Q&A here.
