I was surprised this hasn’t been posted yet. The auction results for 25/26 came in significantly higher than I think anyone anticipated. This will have a massive impact on utility price to compares and retailer prices, especially as we get closer to the start of the new capacity year. With the 26/27 auction coming up December just wondered if anyone had any thoughts on the matter. Are high capacity prices here to stay in PJM? Will this really incentivize new generation, especially dispatchable?
Source: mhershey84