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November 25, 2024

Base Residual Auction (BRA)

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.
AEP’s Akins: PUCO Stalling on Income Guarantee Plan
AEP celebrated increased second-quarter profits last week, but the company said it still needs the PUCO to approve the so-called “guaranteed rate” plan to support its generating plants.
PJM Stakeholders Rush to Figure out What’s Changing for the BRA
With just seven weeks until PJM conducts its first Base Residual Auction incorporating the newly approved Capacity Performance product, stakeholders gathered for a peek at the comprehensive changes.
FERC OKs PJM Capacity Performance: What You Need to Know
FERC approved PJM's Capacity Performance proposal, a dramatic restructuring of the RTO's capacity market.
FERC, NERC: Reserve Margins OK for Summer
FERC said it expects sufficient resources to meet peak electric demand this summer despite coal-fired retirements, while NERC approved its summer reliability assessment.
PJM MIC Briefs
A round-up of news from the PJM Market Implementation Committee on May 6, 2015.
FERC OKs PJM Request to Delay Capacity Auction
FERC today granted PJM’s request to delay May’s capacity auction, allowing the RTO more time to seek commission approval for its Capacity Performance proposal.
PJM Bid to Delay Capacity Auction Draws Flurry of Support, Criticism
The PJM request to delay May’s Base Residual Auction has drawn more than two dozen comments — mostly from supportive stakeholders.

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