On Friday, the Federal Energy Regulatory Commission (FERC) approved PJM’s request to delay the 2025/2026 Base Residual Auction (BRA) until June of 2024, to allow anticipated capacity market enhancement.
Historic low prices, shrinking market participation and the lack of new generation is driving the need for change. FERC ordered the new auction schedule for the 2025/2026 through 2028/2029 delivery years.
For more information on how your industry can plan ahead to meet the capacity requirements by reducing your energy, contact us at contact us.
