PJM Sets Capacity Auction, Seeks 165,007 MW Of Resources
May 08, 2014
PJM said it will open its capacity auction May 12, seeking 165,007 MW of resources for the 2017-18 delivery year. The grid operator will close the auction May 16, and issue a report on the results May 23. The resources sought cover the period from June 1, 2017 to May 31, 2018. In last year’s auction, PJM procured almost 5,500 MW of new generation and about 7,800 MW of imports – a record amount. It also procured 12,400 MW of capacity from demand response providers and 1,100 MW of energy efficiency capacity.
http://www.reuters.com/article/2014/05/07/utilities-pjm-auction-idUSL2N0NT23U20140507