by Connor | Nov 14, 2024 | News
The Federal Energy Regulatory Commission (FERC) has approved PJM Interconnection’s request to delay the 2026-2027 capacity auction by six months, rescheduling it for June 2025, after complaints about soaring wholesale capacity market prices. The next three base...
by Alec | Jan 9, 2024 | News
Originally scheduled for February 2025, the Federal Energy Regulatory Commission (FERC) has agreed to a one-year delay to the 19th ISO New England (ISO-NE) capacity auction. The delay came at the request of ISO-NE and the New England Power Pool (NEPOOL) as they seek...
by Alec | Apr 24, 2023 | News
The PJM Interconnection board of managers is seeking a delay of upcoming capacity auctions, including June’s auction for the 2025/26 delivery year, so that proposed design rule changes may be implemented. “In arriving at this decision, the Board recognized that,...
by Alec | Jun 10, 2021 | News
The first PJM capacity auction in three years saw some of the lowest clearing prices in its history. The auction resulted in an RTO clearing price of $50/MW-day, which is down from $140/MW-day in the previous auction, and lower than analyst’s expectations, due, in...
