PJM power auction sees prices clear at cap
PJM power auction sees
prices clear at cap
Households and businesses in the PJM Interconnection, the
nation’s largest power market, will pay a record $16.4B to
electricity generators to ensure power is available by mid-2027.
In this paper we examine the results of the latest Base
Residual Auction, their impacts and recent changes to the
auctions themselves.