Announcements
ARCHIVED AND NO LONGER RELEVANTSeptember 04, 2020: REMINDER: Parameters for the November 2020 Auction
On September 2, 2020, during the webcast, the Auction Manager announced the following parameters for the November 2020 auction, which are repeated below for convenience:
Product |
Delivery Period |
Tranche Target |
Load Cap |
Tranche Size |
12-Month |
June 2021- May 2022 |
33 |
26 |
1% |
- MW-measure of each tranche
PLC (MW)* |
2,450 |
MW-measure |
24.50 |
*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).
- the minimum and maximum starting prices
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 will be set no lower than the minimum starting price and no higher than the maximum starting price.
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