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base residual auction

February 27, 2023

EPSA Statement on the PJM Interconnection 2024/2025 Base Residual Auction Results 

By EPSA

Today the PJM Interconnection released the results of the Base Residual Auction (BRA), for the 2024/2025 Delivery Year (DY) which point to an ongoing trend of declining prices for power generation capacity that could drive resource retirement and threaten system reliability.

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February 22, 2023

FERC Decision to Allow PJM Electricity Market Auction Rule Changes Undermines Reliability and Investment in Energy Future

By EPSA

Under the cover of darkness last night, FERC issued an Order granting PJM’s request to change auction results after the fact. This action is in clear violation of the filed rate doctrine, the rule against retroactive ratemaking, and 100 years of Supreme Court precedent.

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June 22, 2022

EPSA Statement on the PJM Interconnection 2023/2024 Base Residual Auction Results

By EPSA

Auction Clearing Prices Are Significantly Lower Following Implementation of the Focused MOPR and Revised Offer Cap FOR IMMEDIATE RELEASE | June 22, 2022 CONTACT: Todd Snitchler 330.316.7492 | tsnitchler@epsa.org WASHINGTON – The PJM Interconnection released the 2023/2024 results of the Base Residual Auction (BRA), which cleared 144,870.6 MW of unforced capacity, representing a 21.6% reserve margin, […]

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