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PJM Interconnection

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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November 2, 2022

Markets, RTOs “Essential” for Future Grid, EPSA SVP Says at PJM Annual Meeting

By EPSA

EPSA SVP Nancy Bagot spoke at PJM Interconnection’s Annual Meeting last week, where she expressed the continued need for competitive wholesale markets and outlined approaches to increase reliability and advance the grid of the future.

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June 27, 2022

PJM Announces Results of the 2023/2024 Annual Capacity Auction: Prices Are Significantly Lower Following Implementation of Focused MOPR and Revised Offer Cap

By EPSA

PJM Interconnection has announced the results of its annual capacity auction, or base residual auction (“BRA”), for the 2023/2024 Delivery Year (“DY”). It is important to note that this long-delayed auction is for the upcoming delivery year, not the typical three year-ahead auction schedule.

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December 1, 2021

EPSA Petitions Court of Appeals to Review FERC Inaction on PJM MOPR

By EPSA

EPSA continues to work toward rejection of changes to PJM Interconnection’s competitive power market rules.

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February 26, 2021

Competitive Electricity Markets Spotlight: PJM Interconnection

By EPSA

Download the factsheet here. Competitive Wholesale Electricity Markets More than 20 years ago, competitive wholesale electricity markets were established in many parts of the U.S. to help reduce power generation costs, increase competition and choice, open the door to innovation, and enhance efficiency and operations. This new competitive era replaced an inflexible, vertically integrated monopoly […]

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