Market participants will now be capable of offering up to $2,000/MWh in eMKT and Markets Gateway. Cost-based offers exceeding $2,000/MWh will require prior approval by PJM and cannot include the 10% adder. Price-based offers are capped at the greater of $1,000/MWh or the corresponding cost-based offer, but cannot exceed $2,000/MWh in any case. This market change was effective as of December 14, 2015.
Adapt2 Solutions has evaluated this market change and determined that our product is capable of submitting all eligible prices.