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July 4, 2024

Base Residual Auction (BRA)

PJM Market Implementation Committee Briefs
The PJM Market Implementation Committee rejected two proposals that would delay the disclosure of financial transmission rights on March 9, 2016.
FERC Denies AEP’s Capacity Performance Waiver Request
FERC denied AEP's request for a waiver of nonperformance penalties under PJM’s Capacity Performance construct for delivery year 2019/20.
PJM Transition Auction Capacity not Included in Incremental Auction
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.
PJM Transition Auction Means Reprieve for Exelon Nukes
Capacity Performance resources cleared at $151.50/MW-day in the transition auction for the 2017/18 delivery year, PJM said Wednesday.
IMEA Reaps Limited Relief from Capacity Rule Change
IMEA has been working with PJM staff all year to find a way to continue using external capacity to fulfill its internal resource requirements.
PJM 2016/17 Transition Auction Clears at $134/MW-day
Capacity Performance resources cleared at $134/MW-day in the transition auction for the 2016/17 delivery year, PJM announced Monday.
What’s Next for Exelon’s Nukes, AEP Merchant Fleet?
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.
MRC/MC Preview
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.
UPDATE: PJM Capacity Prices Up 37% to $165/MW-day
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 Opens Capacity Auction Under New Rules
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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