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Electric Power Outlook - Pennsylvania Public Utility Commission

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Figure 32 RFC 2010-2019 reserve margin comparison (%)<br />

Net Capacity Resources w/ Existing<br />

Existing & Planned Resources<br />

32<br />

Existing, Planned & Proposed Resources<br />

MISO Reserve Margin Target<br />

PJM Reserve Margin Target<br />

27<br />

22<br />

17<br />

12<br />

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019<br />

The system peak load of the PJM RTO for summer 2010 was 136,465 MW or 7.6 percent higher<br />

than the 2009 peak load of 126,805 MW. The weather normalized peak load for 2010 was 135,080<br />

MW. The PJM RTO summer peak load growth is projected to average 1.3 percent over the next<br />

10 years. The summer peak in 2021 is forecasted to be 176,060 MW. 64<br />

PJM installed generating capacity totaled 166,512 MW at the end of 2010, which was dominated<br />

by coal (40.8 percent), natural gas (29.1 percent) and nuclear (18.3 percent). A 2010 generation of<br />

734,678 GWh included 49.3 percent coal and 34.6 percent nuclear. See Figures 33 and 34. 65<br />

At the time of PJM’s 2010 summer peak load, the actual reserve margin for existing capacity<br />

resources was 30,047 MW, or 22.0 percent. Planned resources increase the capacity by 29,550<br />

MW by the end of the assessment period. PJM should meet its reserve requirement through 2019.<br />

64 PJM, 2011 PJM Load Forecast Report, January 2011.<br />

65 Monitoring Analytics, LLC, 2010 State of the Market Report for PJM, Vol. 2, March 10, 2011.<br />

<strong>Electric</strong> <strong>Power</strong> <strong>Outlook</strong> for <strong>Pennsylvania</strong> 2010-15 51

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