Announcements
ARCHIVED AND NO LONGER RELEVANTSeptember 07, 2016: ANNOUNCEMENT: Parameters for November 2016 Auction
Please find below, for the November 2016 Auction:
- the tranche target
- the tranche size and MW-measure of each tranche; and
- the minimum and maximum starting prices
| Product Type | Delivery Period | Tranche Target | Load Cap | Tranche Size | PLC (MW) | MW-Measure |
| 12-month |
June 2017 - May 2018
|
17 | 13 | 1% | 2,432 | 24.32 |
The PLC (MW) is based on the five highest coincident peaks experienced by PJM in 2015 for SSO customers (i.e., non-shopping only). The MW-measure is provided for reference purposes only. The amount of actual quantity to be delivered depends on many factors (e.g., migration of SSO customers).
The MW-measure is the weighted average of: (1) MW-measure applicable to the first three auctions that include PIPP load; and (2) MW-measure in the last three auctions that provide supply for SSO customers only. Please see FAQs 124-126 for further information.
The minimum starting price for the product in the auction is $70/MWh and the maximum starting price is $90/MWh. In round 1 of the auction, the price will be set no lower than the minimum starting price and no higher than the maximum starting price.
Click here to submit a question to the Auction Manager.