It's Time for 100% Capacity Performance: Will PJM Prices Be Higher?


PJM’s highly anticipated 2020/2021 Base Residual Auction is less than two months away. While the full transition to the Capacity Performance (CP) regime has been a source of much discussion several market parameters and dynamics will influence the auction results.

This ICF report provides an overview of:

  • Changes to the auction parameters
  • Recent market developments
  • A prediction for prices in the 2020/2021 auction
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