PJM Capacity Auction Clears at Max Price, Falls Short of Reliability Requirement
The PJM capacity auction cleared at the $333.44/MW-day maximum price for the 2027/28 delivery year. | PJM
Dec 17, 2025
|
PJM’s 2027/28 Base Residual Auction procured 134,479 MW in unforced capacity at the $333.44/MW-day maximum price, falling 6,623 MW short of the reliability requirement and setting a clearing price record.
