Announcements
ARCHIVED AND NO LONGER RELEVANTOctober 05, 2017: ANNOUNCEMENT: Parameters for November 2017 Auction
Please find below, for the November 2017 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 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.