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