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Frequently Asked Questions - This Week

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Answers to Frequently Asked Questions are provided in this section.

The first posting of FAQs is in August. The last posting of FAQs is in the latter part of January, after bidders are registered to participate in the Auctions. From that point through the close of the Auctions, questions and answers are emailed directly to Registered Bidders and are not posted to the BGS Auction website. Questions that are not from Registered Bidders or their advisors are answered strictly as time permits.

Your use of this page (site) constitutes an acceptance of the Terms as described in the disclaimer.

 

 

FAQ-86

Our financial statements are available online. Can we provide the Auction Manager with access to the website to meet the requirement of providing financial statements with the Part 1 Application?


The financial statements required in the Part 1 Application must be uploaded to the spaces provided for those purposes in the appropriate sections of the online Part 1 Application Form. In the case of difficulty uploading files, please provide them via email to the BGS Auction Manager at BGSAuction@nera.com. Links to websites where those financial statements can be downloaded are not acceptable.

12/3/2021, in Application.
FAQ-85

We are currently undergoing a name change. How will our company name be provided to other bidders for purposes of the certifications made under the Part 1 Application and under the Part 2 Application?


The name provided to bidders will be that which is publicly available at the time bidders make their certifications under the Part 1 Application and/or under the Part 2 Application. These lists may be modified if necessary for purposes of administering the the auctions.

12/3/2021, in Application.
FAQ-84

How are the capacity proxy prices calculated?


The Capacity Proxy Prices for the 2023/2024 delivery year are calculated by applying a factor of 0.9 to the average of the most recent PJM RPM incremental auction results for the 2021/2022 and for the 2022/2023 delivery years. The Capacity Proxy Prices for the 2024/2025 delivery year are calculated by applying a factor of 0.9 to the most recent PJM RPM incremental auction results for the 2022/2023 delivery year.

The BGS Filing Joint Proposal, posted to the BGS Proceeding page of the “auction” tab of the auction website on July 1, 2021, discusses capacity proxy prices in greater detail.

12/1/2021, in General.
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