Base Residual Auction (BRA)
Exelon
Exelon is focused on meeting rising demand from data centers and manufacturing, company officials said during its second-quarter earnings call.
© RTO Insider LLC
Generation owners say the increase in PJM capacity prices is the signal they need to invest in new development, while consumer advocates say the backlogged interconnection queue could limit the ability for market participants to react.
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts.
PJM
PJM capacity prices increased nearly tenfold in the 2025/26 Base Residual Auction as a trifecta of load growth, generation deactivations and changes to risk modeling shrank reserve margins.
© RTO Insider LLC
PJM stakeholders presented several proposals to revise how energy efficiency resources are measured and verified to the Market Implementation Committee.
Dominion Energy
FERC granted a complaint from Dominion Energy to allow planned capacity resources to shift their participation from the Fixed Resource Requirement alternative to the Reliability Pricing Model capacity market.
© RTO Insider LLC
PJM's Independent Market Monitor filed a complaint asking FERC to reject all energy efficiency offers into the RTO's capacity market, alleging none of them meet the Base Residual Auction participation requirements.
PJM
FERC partially reversed a 2023 order allowing PJM to modify a parameter for the 2024/25 Base Residual Auction to avoid a substantial increase in capacity prices in the DPL South transmission zone.
PJM Interconnection
Stakeholders filed comments debating PJM’s request that FERC direct it to recalculate the results of the 2024/25 Base Residual Auction and rerun the third Incremental Auction.
© RTO Insider LLC
PJM updated stakeholders on how it will proceed in the wake of a 3rd Circuit ruling vacating a FERC order allowing the RTO to revise a parameter after bids had been received for the 2024/25 Base Residual Auction.
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