PJM 2026/2027 and 2027/2028 Capacity Base Residual Auctions
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
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PJM 2026/2027 and 2027/2028 Capacity Base Residual Auctions
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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4 FAQs about [Floor price of mobile solar station 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.
How much did LDA clearing Cost in 2025/2026?
For 2025/2026, all four LDAs cleared at $269.97. This clearing price was an increase from $28.92 in RTO, $49.49 in MAAC and SWMAAC and $54.95 in EMAAC in the 2024/2025 BRA. The number of constrained LDAs decreased from five LDAs (MAAC, BGE, DPL-S, EMAAC and DEOK) to two LDAs (BGE and DOM).