Base Residual Auction (BRA)
The PJM Market Implementation Committee rejected two proposals that would delay the disclosure of financial transmission rights on March 9, 2016.
FERC denied AEP's request for a waiver of nonperformance penalties under PJM’s Capacity Performance construct for delivery year 2019/20.
PJM said none of the 10,017 MW of additional capacity committed in the 2017/18 transition auction will be calculated in this week’s incremental auction for the delivery year.
Capacity Performance resources cleared at $151.50/MW-day in the transition auction for the 2017/18 delivery year, PJM said Wednesday.
IMEA has been working with PJM staff all year to find a way to continue using external capacity to fulfill its internal resource requirements.
Capacity Performance resources cleared at $134/MW-day in the transition auction for the 2016/17 delivery year, PJM announced Monday.
PJM generators — such as Exelon, Dynegy, NRG and PSEG — will earn $10.9 billion from this year’s capacity auction in the first test of the RTO’s new Capacity Performance requirements.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 08/27/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
PJM's first capacity auction under its new no-excuses policy saw prices rise 37% to $164.77/MW-day in most of the RTO.
PJM's Base Residual Auction for 2018/19 will be the first under the new Capacity Performance rules approved by FERC in June.
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