Announcements
ARCHIVED AND NO LONGER RELEVANTJanuary 09, 2019: ANNOUNCEMENT: Parameters for March 2019 Auction
Please find below, for the March 2019 Auction:
- the tranche target
- the tranche size and MW-measure of each tranche; and
- the minimum and maximum starting prices
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.
Click here to submit a question to the Auction Manager.