Base Residual Auction (BRA)
Analysts are predicting lower clearing prices for the PJM 2019/20 capacity auction.
A summary of measures approved and issued discussed by the PJM MRC and Members Committee on April 28, 2016.
PJM asked FERC not to order changes to the RTO’s minimum offer price rule before May’s Base Residual Auction.
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.
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