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January 09, 2019: ANNOUNCEMENT: Parameters for March 2019 Auction

 Please find below, for the March 2019 Auction:

 Product Delivery Period Tranche Target Load Cap  Tranche Size PLC (MW)* MW-measure
One-year
 June 2019 - May 2020 17 13 1% 2,553 25.53

 *The PLC (MW) is based on the five highest coincident peaks experienced by PJM in 2018 for SSO customers (i.e., non-shopping only). The MW-measure is provided for reference purposes only. The amount or actual quantity to be delivered depends on many factors (e.g., migration of SSO customers). 

The minimum starting price in the auction is $60/MWh and the maximum starting price is $80/MWh. In round 1 of the auction, the price for the product will be set no lower than the minimum starting price and no higher than the maximum starting price.

 
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