PJM Auction Procures 134,479 MW Of Generation Resources
Dec 17 (Reuters) - PJM:
ANNOUNCES THE RESULTS OF ITS 2027/2028 BASE RESIDUAL AUCTION (BRA), WHICH SECURED 134,479 MW OF UNFORCED CAPACITY GENERATION (UCAP) DEMAND RESPONSE(DR) TO MEET PROJECTED ELECTRICITY NEEDS FOR MORE THAN 67 MILLION PEOPLE ACROSS 13 STATES AND THE DISTRICT OF COLUMBIA
SAYS REGIONS UNDER THE FIXED RESOURCE REQUIREMENT (FRR) ACQUIRED AN ADDITIONAL 11,299 MW IN UCAP, FOR A TOTAL OF 145,777 MW (UCAP) AVAILABLE TO SERVE FORECASTED PEAK ELECTRICITY DEMAND, PLUS A RESERVE MARGIN
SAYS THE PRICE CAME IN AT THE FERC-APPROVED CAP, $333.44/MW-DAY (UCAP) FOR THE ENTIRE PJM FOOTPRINT, A SLIGHT INCREASE (+1.3%) FROM THE 2026/2027 BASE RESIDUAL AUCTION.
SAYS THE FORECAST PEAK LOAD FOR THE 2027/2028 DELIVERY YEAR IS APPROXIMATELY 5,250 MW HIGHER THAN THE FORECAST USED FOR
THE 2026/2027 CAPACITY AUCTION. NEARLY 5,100 MW OF THAT INCREASE IS ATTRIBUTABLE TO DATA CENTER DEMAND
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