reliability pricing model

PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation

July 31, 2024 admin 2025/2026 capacity auction, Business, Coal, electricity market, energy demand, energy security, energy supply, full coverage, Gas, generator retirements, grid, investment signals, Markets, new generation, news, pjm, Power Demand, power generation, reliability, reliability pricing model, retirements, rto, trends, wholesale power market

Credit to Author: Sonal Patel| Date: Wed, 31 Jul 2024 14:55:13 +0000

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […]

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PJM Capacity Market Reforms Shake Up Resource Accreditation, Impose New Offer and Testing Requirements

February 28, 2024 admin capacity, federal energy regulatory commission, ferc, Legal & Regulatory, Market, Markets, news, pjm, reliability pricing model, T&D

Credit to Author: Maxwell Multer| Date: Thu, 22 Feb 2024 15:44:32 +0000

The Federal Energy Regulatory Commission (FERC), in Docket No. ER24-99-000, recently approved a suite of tariff revisions submitted by PJM intended to “accommodate the energy transition while maintaining resource adequacy.” […]

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