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November 24, 2024
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PJM Capacity Prices Crater
Elimination of MOPR, Tougher Auction Cap Seen Depressing Prices for 2023/24
Capacity prices in most of PJM dropped by one-third to almost one-half in the Base Residual Auction for 2023/24.
Capacity prices in most of PJM dropped by one-third to almost one-half in the Base Residual Auction for 2023/24. | PJM
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Capacity prices dropped by one-third to almost one-half in PJM’s auction for 2023/24, likely depressed by the end of the MOPR and a tougher price cap.
Capacity MarketDemand ResponseEnergy EfficiencyEnergy StorageGenerationPJMResource AdequacyTransmission