Announcements
ARCHIVED AND NO LONGER RELEVANTJuly 17, 2014: ANNOUNCEMENT: Parameters for September 2014 Auction
Please find below, for the September 2014 Auction:
- the tranche target
- the tranche size and MW-measure of each tranche; and
- the minimum and maximum starting prices
Delivery Period | Tranche Target | Tranche Size | PLC (MW) | MW-Measure (MW) |
Nov. 2014 – May 2015 | 25 | 1% | 3,599.24 | 35.99 |
Please note that the PLC (MW) is based on the five highest coincident peaks experienced by PJM in 2013 for SSO customers (i.e., non-shopping only). The MW-measure is provided for reference purposes only. The amount of actual energy 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 $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.
Click here to submit a question to the Auction Manager.