![]() 2020 Onwards RPM Auction Impacted By: • 100% Capacity Performance • Demand Response Rules • Change in Net CONE • Reduction in Load Forecast • Change in PJM Parameters • Environmental Retirement Exhibit 99 Capacity Market Pricing PJM’s RPM Auction Results Delivery Year 2015/2016 2016/2017 2017/2018*+ 2018/2019+ 2019/2020 Power’s Average Prices ($/MW-day) $168 $172 $177 $215 $116 Rest of Pool Prices $136 $59 $120 $165/$150 (CP/Base) $100/$80 (CP/Base) Power’s Cleared Capacity (MW) 8,750 8,700 8,700 8,650 8,900 ISO New England’s Forward Capacity Market Auction Results Delivery Year 2015/2016 2016/2017 2017/2018 2018/2019+ 2019/2020 Power’s Average Prices ($/MW-day) $113 $104 $232 $315 $231 Power’s Cleared Capacity (MW) 773 777 848 831 1,333 1 *PSEG POWER’S AVERAGE PRICES AND CLEARED CAPACITY (MW) REFLECT BASE AND INCREMENTAL AUCTIONS. DELIVERY YEARS RUN FROM JUNE 1 TO MAY 31 OF THE NEXT CALENDAR YEAR. + INCLUDES CP TRANSITION AUCTION RESULTS FOR ‘16/’17 AND ‘17/’18 AS OF SEPTEMBER 10, 2015. |
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8-K Filing
Pseg Power 8-KPJM’s RPM Auction Results
Filed: 26 May 16, 12:00am