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July 17, 2014: ANNOUNCEMENT: Parameters for September 2014 Auction

Please find below, for the September 2014 Auction:

Delivery Period Tranche Target Tranche Size PLC (MW) MW-Measure (MW)
Nov. 2014 – May 2015 25 1% 3,599.24 35.99

Please note that the PLC (MW) is based on the five highest coincident peaks experienced by PJM in 2013 for SSO customers (i.e., non-shopping only). The MW-measure is provided for reference purposes only. The amount of actual energy 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 $60/MWh and the maximum starting price is $80/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.

 

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