PJM Real-Time Power Market Dashboard

Mild conditions across major PJM cities kept load relatively moderate today. The forecast peak is 88.9 GW in HE19, with temperatures around that period generally in the low-to-upper 60s across Newark, Philadelphia, Pittsburgh, Columbus, Washington DC, and Richmond, while Chicago remained near the low 60s. Cloud cover and rain risk in the southern Mid-Atlantic, especially Richmond and Washington DC, further limited cooling demand. Through HE15, observed load peaked at 82.8 GW in HE1 and remained below forecast across most of the morning and midday.

Real-time prices were materially stronger than day-ahead early in the day, led by HE2-3, before moderating into the midday period. Through observed real-time hours, DA LMP averaged about $32.27/MWh versus RT LMP at about $50.34/MWh, producing an average DART of -$18.06/MWh. DA prices rise sharply into the evening, with the highest DA print at $79.29/MWh in HE20, reflecting the expected evening net-load ramp as solar falls off.