PJM Power Auction Capacity Procurement
Sector: Power Generation (CCGT) • Location: Pennsylvania, United States
Source: PA Environment Digest Blog
The PJM Interconnection conducted a power auction to secure electric capacity generation to meet reliability standards. The auction procured 136,318 MW of capacity, which is 6,831 MW less than required to meet PJM's reliability standard. The auction prices were limited by a $325/MW-Day price cap, which kept prices lower than they would have been otherwise. PJM plans to seek approval for a special
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | auction completed, shortfall identified |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The PJM Interconnection conducted a power auction to secure electric capacity generation to meet reliability standards. The auction procured 136,318 MW of capacity, which is 6,831 MW less than required to meet PJM's reliability standard. The auction prices were limited by a $325/MW-Day price cap, which kept prices lower than they would have been otherwise. PJM plans to seek approval for a special 'Backstop Procurement' to address the shortfall. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |