Watchlist for PJM’s 2022-2023 Base Residual Auction (BRA)

PJM is scheduled to hold the Base Residual Auction (BRA) for the 2022-2023 Delivery Year in May 2021, two years later than initially planned because of delays in finalizing the buy-side capacity market mitigation rules. The three years since the prior BRA have resulted in several key changes to the PJM capacity market design—along with a number of other market changes, all of which are expected to impact the auction results. 

Download this paper now to learn about demand- and supply-side changes, capacity price outlook, and what is in store for the market’s future.