Wind and solar make big jumps in annual PJM capacity auction
PJM Interconnection’s annual capacity auction, which “procures power supply resources to meet electricity needs for three years from now,” saw big increases in wind and solar resources, nawindpower.com reports. PJM “procured 163,627 megawatts [MW] of resources for the period of June 1, 2021, to May 31, 2022,” according to the article. Solar increased over last year’s auction “more than fourfold, with around 570 MW clearing,” while 1,417 MW of wind cleared, an increase over last year of 529 MW. Additionally, the auction cleared “1,000 MW more gas-fired generation than last year,” including “one new combined cycle plant.” Energy efficiency was also up about 1,100 MW, with 3,832 MW clearing. For more, read the full article.
