PJM Pursuing Extension of Existing Capacity Price Cap Through 2029/2030 Delivery Year In a February 12 letter to stakeholders, the PJM Board of Managers (“PJM Board”) announced its intent to pursue an extension of the existing capacity price collar that applies to the 2026/2027 and 2027/2028 delivery years (DYs) for the next two capacity auctions. … Continued
Extreme Cold Results in Elevated Spot Prices and Extended Risk for AEP Zone 1CP Beginning on January 24, a disrupted polar vortex sent temperatures across the central and eastern United States into a deep freeze. These prolonged subzero temperatures have resulted in elevated real-time and day-ahead hourly spot electric prices for customers throughout the PJM … Continued
PJM Releases 2027/2028 Delivery Year BRA Results On December 17, 2025, PJM Interconnection announced the results of its Planning Year 2027/2028 Base Residual Auction (BRA). The auction procured 134,478.1 megawatts (MW) of unforced capacity from generation resources and demand response across the Regional Transmission Organization (RTO). The auction cleared at $333.44 per MW-day for the … Continued