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.
Read MoreEPSA Statement on the PJM Interconnection 2023/2024 Base Residual Auction Results
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, […]
Read MorePJM Auction Shows Data-Driven Answers to Challenging Policy Choices Lead to Better Outcomes
EPSA President and CEO Todd Snitchler digs into the PJM power generation auction results – and what they tell us about America’s changing electric grid.
Read MorePJM Auction Brings Low Prices, Reducing Urgency to Rush MOPR Reform
Todd Snitchler, president and CEO of the Electric Power Supply Association (EPSA) releases statement following the results of the 2022/23 PJM Interconnection Base Residual Auction (BRA).
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