Phrases with «capacity auction»

A "capacity auction" refers to a process where electricity companies bid for the opportunity to provide a certain amount of electrical power in the future. The utility companies compete, and the one offering the lowest price wins the auction and gets the right to supply electricity to consumers. Full definition

capacity auction

Sentences with «capacity auction»

We use an example from Baltimore Gas and Electric to look at how efficiency in capacity auctions translates directly to bill savings for residential customers. (aceee.org)
Exelon Corp. (NYSE: EXC) announced that the Quad Cities and Three Mile Nuclear plants did not clear the PJM capacity auction for the 2019 - 2020 planning year, increasing the probability of closing the dual - unit Quad Cities plant. (power-eng.com)
«PJM had sought the changes to provide greater certainty to market participants in the upcoming annual capacity auction in light of the questions surrounding demand response following the EPSA decision,» the operator said. (utilitydive.com)
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Phrases with «capacity auction»

Sentences with «capacity auction»

See also