The PJM Board of Managers announced a delay in the 2025/26 Base Residual Auction scheduled for June, as well as future auctions to allow the RTO and stakeholders to draft market changes to address reliability concerns.
The board states that undergoing reforms is a necessity for the auction to run smoothly. To read more about the decision, refer to the full article here: https://www.publicpower.org/periodical/article/pjm-begins-expedited-process-reform-capacity-auction
