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PJM 2026/2027 and 2027/2028 Capacity Base Residual Auctions – Update
PJM 2026/2027 and 2027/2028 Capacity Base Residual Auctions – Update. In our previous article, we reported on PJM’s 2025/2026 Capacity Base Residual Auction results. After collaboration with stakeholders, and review by the Federal Energy Regulatory Commission (FERC), PJM recently announced the following updates. These updates are meant to address resource adequacy issues resulting from tightening…
Read MorePJM 2025/2026 Capacity Base Residual Auction Results
PJM 2025/2026 Capacity Base Residual Auction Results PJM recently concluded its capacity Base Residual Auction (BRA) for Planning Year (PY) 2025/26. The resulting prices, compared to previous recent auctions, are significantly higher. For PY 2024/25, the RTO capacity price is $28.92/MW-day. For PY 2025/26, the RTO capacity price cleared at $269.92/MW-day, a more than nine-fold…
Read MoreThe 21st Annual Washington Energy Policy Conference
ONE WEEK FROM TODAY! REGISTRATION CLOSES SOON Secure your spot here –>http://www.ncac-usaee.org/events.php#event151 The 21st Annual Washington Energy Policy Conference Energy Reset? Conflicting Forces in the Energy Space Thursday, April 6, 2017 9:00 a.m to 6 p.m. George Mason University Schar School of Policy and Government Founders Hall – 3351 Fairfax Drive, Arlington, VA 22201 Keynote…
Read MoreTime to Draw Down the Strategic Petroleum Reserve? – Part 2
It has been argued that there is too much crude oil in the Strategic Petroleum Reserve and that it should be drawn down. Arguments have been made that one should “tie the amount of insurance you carry to the size of the need.” By that argument, because domestic production is up and “hit record levels…
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