PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $ 269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […]

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Clearing price results in PJM’s Base Residual Auction (BRA) from delivery year 2007/2008 to 2024/2025. Courtesy: PJM

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