Announcements
ARCHIVED AND NO LONGER RELEVANTJanuary 28, 2016: ANNOUNCEMENT: Parameters for March 2016 Auction
Please find below, for the March 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 |
| 24-month |
June 2016 - May 2018
|
17 | 13 | 1% | 2,627 | 26.27 |
Please note that 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 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.