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October 05, 2017: ANNOUNCEMENT: Parameters for November 2017 Auction

Please find below, for the November 2017 Auction:

 Product Type Delivery Period Tranche Targets Load Cap  Tranche Size  PLC (MW)  MW-Measure
12-month
 June 2018 - May 2019
17 40 1% 2,555 25.55
24-month  June 2018 - May 2020 17 1%
36-month  June 2018 - May 2021 16 1%

The PLC (MW) is based on the five highest coincident peaks experienced by PJM in 2016 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 minimum starting price for the product in the auction is $65/MWh and the maximum starting price is $85/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.

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