EPSA and P3’s action concerns the electricity market responsible for procuring reliable power at competitive rates for 65 million customers served by PJM Interconnection.
Read MorePower Grid Reliability, not Resilience, Should Be the Goal
While resiliency is essential, in order for policymakers to make the right decisions for America’s power grid, reliability must be the priority. It is paramount that consumers can depend consistently on the grid, regardless of extreme weather or other stressors.
Read MorePJM Announces Results of the 2023/2024 Annual Capacity Auction: Prices Are Significantly Lower Following Implementation of Focused MOPR and Revised Offer Cap
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.
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 MorePodcast: How Do We Address Reliability Challenges, Today and Into the Future?
In recent weeks, the nation’s electric power supply has been called into question. Expected extreme weather this summer will drive up demand, and power supplies are increasingly coming from intermittent sources that rely on favorable weather conditions to power the grid. During this episode, we highlight speakers at EPSA’s recent Competitive Power Summit and the solutions they would like to see implemented.
Read MoreThe Rapid Rise of Energy Prices: Understanding the Short- and Long-term Trends Driving the Surge
With energy prices rapidly rising globally, customers are feeling the hit at the gas pump and in their electric bills. Higher prices reflect a range of factors, from the warmer temperatures at the start of summer driving up power demand to the continued economic recovery from the pandemic shutdowns and the impacts of sanctions against […]
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