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July 3, 2024

Base Residual Auction (BRA)

Access to Meter Data Holding Back Residential DR, CSPs Say
DR programs for residential customers and small businesses in PJM are being hampered by a lack of access to meter data, curtailment service providers say.
© RTO Insider LLC
PJM Markets and Reliability Committee Briefs: June 29, 2022
At the first in-person MRC meeting since the pandemic, PJM faced opposition to proposals regarding FERC filings and a change to the capacity offer cap.
PJM
PJM Capacity Prices Crater
Capacity prices dropped by one-third to almost one-half in PJM’s auction for 2023/24, likely depressed by the end of the MOPR and a tougher price cap.
© RTO Insider LLC
FERC Accepts PJM Historical E&AS Offset Compliance
FERC accepted PJM’s compliance filing restoring the historical energy and ancillary services revenue offset used in the RTO’s capacity market.
Ɱ, CC BY-SA 4.0, via Wikimedia Commons
Generators Vent Frustration with PJM, FERC to Ohio Senators
PJM stakeholders in the RTO’s generator sector voiced frustration with FERC over recent decisions related to the capacity market to the Ohio Senate.
PJM
IMM Report: PJM Capacity Auction Results not Competitive
The results of PJM’s 2022/23 Base Residual Auction were not competitive, according to a report released last week by the RTO’s Independent Market Monitor.
PJM
FERC Approves PJM Capacity Auction Date Changes
FERC approved PJM's revised schedule for the upcoming Base Residual Auctions, incremental auctions and the associated pre-auction deadlines.
The Brattle Group
FERC Rejects PJM 10% Capacity Market Adder
FERC ordered PJM to remove the 10% cost adder for the reference resource used to establish the VRR curve in the RTO’s capacity market.
PJM
PJM Reveals Preliminary Capacity Auction Timeline
PJM staff told stakeholders they were seeking to move the upcoming BRA originally scheduled for later this month to the end of June to comply with FERC.
Solar Landscape
MOPR, Capacity Auction Highlight 2021 for PJM
PJM's year was punctuated by changes in the capacity market as votes by stakeholders led to the implementation of the RTO’s narrowed MOPR.

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