PJM’s 2027/2028 Base Residual Auction Clears at the FERC-Approved Price Cap
PJM’s Base Residual Auction (BRA) for the 2027/2028 delivery year cleared at the Federal Energy Regulatory Commission-approved price cap of $333.44/MW-day for the entire PJM footprint, representing a 1.3% increase over the 2026/2027 BRA clearing price of $329.17/MW-day. The 2027/2028 BRA clearing price translates to $333.69/MW-day on a net load basis to be charged to […]