Base Residual Auction opens

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PJM opened the bidding window for its annual capacity auction today, May 10, to procure electricity resources for the June 2021 to May 2022 delivery year. The auction closes at 5 p.m. (EPT) Wednesday, May 16.

The annual auction is conducted to allow for the procurement of resource commitments for three years into the future.

More information about the auction is available at the Markets and Operations page on pjm.com, in the Capacity Market (RPM) section.

PJM will announce the auction results on May 23, after 4 p.m.