Dataset

*Complete series data from January 1, 2016 to December 31, 2019
*35,064 hourly time-series observations for electricity generation from wind, coal, nuclear, and gas in GWh and, real-time locational marginal price sourced directly from the PJM market website
*Combine hourly measurements of variables into 1,461 weighted average daily observations in line with the frequency of daily observations of natural gas prices
*Daily Henry Hub natural gas prices for each trading day from January 1, 2016 to December 31, 2019 obtained from the U.S. Energy Information Administration (EIA). For days in which no trading took place (i.e., weekends and holidays), the most recent previous trading day values are used
NG_Price = Daily natural gas price
Actual_load_GWh = Daily actual electricity demand in GWh
rtm_price = daily weighted average of real-time wholesale electricity prices
Gas_GWh = daily electricity supply from gas in GWh
Gas_pct = daily percent of electricity from gas
Wind_GWh = daily electricity from wind in GWh
Wind_pct = daily percent of electricity from wind
Baseload_GWh = daily electricity from baseload sources (coal and nuclear)
Baseload_pct = daily percent of electricity from baseload sources
Rd_g_mln = estimated daily revenue in million U.S. dollars from natural gas
Rd_w_mln = estimated daily revenue in million U.S.dollars from wind
Rd_bl_mln = estimated daily revenue in million U.S. dollars from baseload sources
Gas_UR = estimated gas unit revenue
Wind_UR = estimated wind unit revenue
Baseload_UR = estimated baseload unit revenue
Gas_VF = estimated gas value factor
Wind_VF = estimated wind value factor
Baseload_VF = estimated baseload value factor