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
Market Report
China onshore wind power outlook 2025
The China onshore wind outlook covers the 10-year market outlook, including Bull, Base and Bear scenarios, and key market trends.
$5,990
Insight
PJM 2026/2027 capacity auction: higher prices, but less sticker shock
PJM’s 2026/2027 Base Residual Auction (BRA) cleared even higher than the previous explosive auction,
$3,000
Insight
MISO 2025 PRA. Higher prices and fluctuating accreditation
Results from MISO’s 2025 Planning Resource Auction (PRA)
$3,000
