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Market Intelligence

July 15, 2026

[Market Monitor] PJM Capacity Auction Results – Slight Decrease Ahead

Written by

Gary Cunningham

July 15, 2026

Good news, bad news. The latest PJM 2028/2029 Capacity Auction delivered a modest improvement, with the clearing price declining 2.5% from last year. However, capacity prices remain historically elevated across the RTO and once again cleared at the administrative price cap, reinforcing that capacity costs remain a significant driver of electricity prices.

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[Market Monitor] PJM Capacity Auction Results – Slight Decrease Ahead

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