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Home » IMM: PJM 2018 Capacity Auction was ‘Not Competitive’
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PJM Base Residual Auction Market Monitor

IMM: PJM 2018 Capacity Auction was ‘Not Competitive’

Monitor Repeats Call for Change in Offer Cap

Aug 9, 2018
Rich Heidorn Jr.
PJM / Capacity Market / Financial Transmission Rights (FTR)
By Rich Heidorn Jr. The results of PJM’s 2018 Base Residual Auction were “not competitive” and illustrate the need to change how the RTO sets its capacity offer cap, the Independent Market Monitor said Thursday in its second-quarter State of the Market report. “The outcome of the [2021/22] Base Residual...

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