Floor price of containerized solar power plant 2026

The capacity auction for delivery year 2027/2028 is delayed to December 2025. Further, PJM has agreed in principle to implement a price cap and a price floor of $325/MW-day and $175/MW-day, respectively, for the 2025/2026 and 2026/2027 delivery years.
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6 FAQs about [Floor price of containerized solar power plant 2026]

Will PJM deliver a capacity auction in 2027/2028?

The capacity auction for delivery year 2027/2028 is delayed to December 2025. Further, PJM has agreed in principle to implement a price cap and a price floor of $325/MW-day and $175/MW-day, respectively, for the 2025/2026 and 2026/2027 delivery years.

Will PJM's Capacity Price be set for June 2026 – May 2027?

However, there’s additional complexity: Due to delays in PJM’s capacity auctions, the capacity price for the June 2026–May 2027 period hasn’t yet been set. Utilities have temporarily relied on interim “capacity proxy prices” in their procurement auctions.

How much does a megawatt cost in 2025-2026?

In the most recent auction for the 2025-2026 capacity market period, capacity prices surged to nearly ten times higher than the previous year. The price jumped from about $29 per megawatt-day to nearly $270 per megawatt-day – an unprecedented increase.

Will FERC approve the 2025/2026 capacity auction rules?

However, these new rules require Federal Energy Regulatory Commission (FERC) approval. Due to widespread concerns regarding the capacity auction rules in the 2025/2026 auction, FERC approved a delay in the next auction (for the 2026/2027 delivery year) from December 2024 to July 2025.

How efficient is a residential PV system in 2024?

The representative residential PV system (RPV) for 2024 has a rating of 8 kW dc (the sum of the system’s module ratings). Each module has an area (with frame) of 1.9 m 2 and a rated power of 400 watts, corresponding to an efficiency of 21.1%.

Will RMR capacity be included in 2026/2027 and 2027/2028 auctions?

Under the proposed rule changes, capacity from these two large RMR plants will be included in the upcoming 2026/2027 and 2027/2028 auctions.

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