Results of PJM’s Capacity Auctions and Implications Going Forward
In this webinar, ICF experts discuss the latest results of PJM’s capacity market auctions (2018/2019 BRA and the 2016/2017 and 2017/2018 transition auctions). Topics of discussion include:
- Changes from the previous auction and implications from key drivers including bidding behavior/perceptions of risk from market participants
- Separation of EMAAC and COMED locational deliverability areas (LDAs)
- New builds and retirements
- Imports
- The surprisingly high prices for Base Product
- DR and intermittent resource commitments
- Expectations going forward