PJM’s Capacity Auction Seen Increasing Reliability – And Prices
On Friday, the grid operator released the results of its capacity auction for the June 2018 – May 2019 delivery year, the first under its recently approved “pay for performance” plan. PJM will increase payments to generators to $164.77 per MW per day, up 37 percent from the $120 figure for the past 12…
Monitor Finds PJM Markets Competitive In First Half Of 2015
PJM’s markets produced competitive results during the first six months of 2015, according to the grid operator’s independent market monitor.