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PJM Interconnection 2028-2029 Capacity Auction

Sector: Power Generation (CCGT) • Location: United States

Source: TheEnergyMag

Project
Completed

PJM Interconnection conducted its capacity auction for the 2028-2029 delivery year, reaching the federally approved price ceiling of $325 per megawatt-day but still failing to secure enough power resources to meet its reliability target, showing a capacity shortfall of 6,831 MW. The auction cleared only 525 MW of new generation and upgrades, highlighting grid constraints and power supply challenge

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Project Information

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The project “PJM Interconnection 2028-2029 Capacity Auction” is an infrastructure initiative in the Power Generation (CCGT) sector, located in United States. Taiyo aggregates data on it from TheEnergyMag.

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Participants

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Description

Description

PJM Interconnection conducted its capacity auction for the 2028-2029 delivery year, reaching the federally approved price ceiling of $325 per megawatt-day but still failing to secure enough power resources to meet its reliability target, showing a capacity shortfall of 6,831 MW. The auction cleared only 525 MW of new generation and upgrades, highlighting grid constraints and power supply challenges for new data centers.

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