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PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1528175
PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1528175
PJM 2025/2026 Capacity Auction: A New Baseline?
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Report Summary:
PJM's 2025/2026 Base Residual Auction (BRA) results provided some fireworks, with prices jumping 9.3x from $28.92/MW-day to $269.92/MW-day. This report dives into the causes of the price spike and potential market implications of the surprising results.
Read the report to learn more about:
- Supply and demand changes that created a tight balance
- The impact of PJM's shift to marginal capacity accreditation
- Potential implications for both generation and demand interests
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