FERC Approves PJM Request To Delay Capacity Auction

April 29, 2015

The Federal Energy Regulatory Commission granted PJM’s request for a one-time waiver of its tariff to allow a short delay in the annual capacity auction for the 2018-2019 delivery year. The delay allows FERC time to rule on PJM’s Capacity Performance filing so that, if the filing were approved, the performance product would be part of the auction. PJM will hold the auction within 30 to 75 days after the commission order, no later than the week of Aug. 10. The auction potentially would be in June or July.

http://insidelines.pjm.com/ferc-granted-pjm-request-to-delay-annual-capacity-auction/