Utility Dive•about 1 month ago
A PJM backstop auction could fill the large load supply gap: Talen CEO
Key Takeaway
PJM's urgent 'large load supply gap' could lead to temporary backstop auctions, creating immediate opportunities for dispatchable generation developers and impacting reliability and costs for large power consumers, especially data centers.
AI Summary
- •PJM faces a critical "large load supply gap," signaling potential reliability risks and higher future costs for major power consumers.
- •Talen's CEO advocates for temporary "reliability backstop auctions" in PJM, offering a potential near-term revenue stream for developers of dispatchable generation.
- •These auctions are proposed as a short-term fix, highlighting ongoing market design challenges in PJM and the urgent need for new capacity.
Topics
capacity-marketccgtdatacenterpjmpolicy