You, PAR#35, obviously don’t know how to read.... Here, let me help you - read this... slowly.
“The 13-state grid secured 5,000 megawatts of new gas-fired generation while commitments to coal and nuclear generation fell by more than a combined 4,000 megawatts, Bresler said.
“Future capacity prices will remain volatile, thereby making it difficult to forecast earnings,” Michael Worms, an analyst at BMO Capital Markets, wrote in a note. “The one major surprise was the level of new generation, which was higher in this auction than last year and, we believe, well above expectations.””
I see you haven’t learned how to dig through the propaganda to find the nuggets of truth:
“Auction costs fell after demand forecasts were cut largely because of energy efficiency, Stu Bresler, senior vice president of market operations for PJM, said on a conference call. “
And if you look at the numbers, they added about 5,000 MW of gas generation, but lost 4,000 MW of coal and nuke. So supplies were essentially flat (up 1,000 MW on a base of 167,305.9 MW) while reserve margins climbed from under 20% to 22.4% - a 10% gain in the reserve numbers, (with the target only 16.5%).
Perhaps the unfiltered press release will help:
http://www.pjm.com/~/media/markets-ops/rpm/rpm-auction-info/2019-2020-base-residual-auction-report.ashx