Announcements
ARCHIVED AND NO LONGER RELEVANTJanuary 29, 2020: ANNOUNCEMENT: Parameters for the March 2020 Auction
Please find below, for the March 2020 Auction:
- the tranche targets and size of each tranche
Product Delivery Period Tranche Target Load Cap Tranche Size One-year June 2020 - May 202117 27 1% Two-year June 2020 - May 2022 17 1%
- MW-measure of each tranche
*The PLC (MW) is based on the five highest coincident peaks experienced by PJM in 2019 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).PLC (MW)* 2,470 MW-measure 24.70
- the minimum and maximum starting prices
The minimum starting price for the products in the auction is $55/MWh and the maximum starting price is $75/MWh. In round 1 of the auction, the price for a product will be set no lower than the minimum starting price and no higher than the maximum starting price.