PJM Presents Capacity Price Cap, Floor to Members Committee

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PJM Presents Capacity Price Cap and Floor to Members Committee

Stu Bresler, PJM | © RTO Insider LLC

Feb 9, 2025 | Devin Leith-Yessian

The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.

Capacity Market Pennsylvania PJM Members Committee (MC)Public Policy

KeywordsBase Residual Auction (BRA)Consumer Advocates of the PJM States (CAPS)E-Cubed Policy Associates East Kentucky Power Cooperative (EKPC)Federal Energy Regulatory Commission (FERC)Independent Market Monitor (IMM)Josh Shapiro LS Power New Jersey Board of Public Utilities (NJ BPU)Organization of PJM States Inc. (OPSI)PJM Interconnection LLC (PJM)PJM Members Committee

Devin Leith-Yessian

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