A statement on social injustice. Click to read more.

Insights from PJM's 2020/2021 capacity auction


PJM recently released the results of the 2020/2021 BRA auction which was the first auction to fully implement the Capacity Performance (CP) market structure. The goal of CP is to increase reliability by having year-round obligations and introducing penalties for non-performance. It was initially expected that prices would increase from this rule change when it was introduced in 2014, but this has thus far not been realized. The results of this auction could drive significant changes for builds and retirements in the PJM market.

View the recording.

The latest Energy news, explained.

Subscribe to get insights, commentary, and forecasts in your inbox.

File Under