PJM’s 2017/2018 Transition Auction Hits Capacity Performance Target

PJM Interconnection announced on September 9 that its second transition auction, opened on September 3, achieved its targeted procurement of resources to meet strict Capacity Performance (CP) standards for the 2017/2018 delivery year. Specifically, the targeted procurement quantity for the 2017/2018 delivery year was 112,194.5 … Read more…

Dynegy to Evaluate Impact of PJM Transition Auctions on Retail Contracts

Dynegy, a retail energy provider serving businesses and residents in Illinois, Ohio, and Pennsylvania, on September 8 reported its results from PJM Interconnection’s capacity auction for planning year 2018/19 and transition auction for the 2016/17 delivery year.   The Houston-based company said it is evaluating … Read more…

PJM Calls First CP Transition Auction ‘Competitive’

PJM Interconnection reported on August 31 that its first Capacity Performance (CP) Transition Incremental Auction – opened on August 27 for the 2016/2017 delivery years – came in “well below the cap,” validating the competitiveness of the bidding. CP Transition Auctions for the 2016/2017 and … Read more…

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