Insight
PJM 2025/2026 capacity auction: A new baseline?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
PJM’s 2025/2026 Base Residual Auction (BRA) results provided some fireworks, with prices jumping 9.3x from $28.92/MW-day to $269.92/MW-day. This report dives into the causes of the price spike and potential market implications of the surprising results. Read the report to learn more about: - Supply and demand changes that created a tight balance - The impact of PJM’s shift to marginal capacity accreditation - Potential implications for both generation and demand interests
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
North America power markets short-term outlook: October 2025
2025 has been a bounce back year for power prices
$5,990
Asset Report
McCully
Originally known as MacLeod Brook, the McCully gas field is located 11 kilometres northeast of Sussex, New Brunswick, and approximately ...
$3,720
Asset Report
Borealis (Prudhoe Bay Unit)
The Borealis field is a western satellite of the Prudhoe Bay field on the North Slope of Alaska. The field primarily produces from the ...
$3,720
