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