Base Residual Auction (BRA)
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.
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.
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 approved PJM's Capacity Performance proposal, a dramatic restructuring of the RTO's capacity market.
FERC said it expects sufficient resources to meet peak electric demand this summer despite coal-fired retirements, while NERC approved its summer reliability assessment.
A round-up of news from the PJM Market Implementation Committee on May 6, 2015.
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.
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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