Please find below, for the BGS-RSCP Auction:
- the tranche target for each EDC;
- the statewide load cap;
- the load cap for each EDC; and
- the size and MW-measure for each tranche.
A tranche target is the number of tranches needed for a given EDC at the beginning of the Auction. There is a statewide load cap of 20 tranches, which is the maximum number of tranches that a bidder can bid in the Auction and serve statewide. There is an EDC Load Cap for each EDC, which is a maximum number of tranches for the EDC that a bidder can bid in the Auction and serve for that EDC.
EDC |
Total RSCP Peak Load Share (MW) |
2025 Auction RSCP Peak Load Share (MW) |
Tranche Target |
EDC Load Cap |
Tranche Size (%) |
MW-Measure |
PSE&G |
7,663.15 |
2,524.20 |
28 |
13 |
1.18% |
90.15 |
JCP&L |
4,809.60 |
1,636.20 |
18 |
8 |
1.89% |
90.90 |
ACE |
2,204.10 |
701.33 |
7 |
3 |
4.55% |
100.19 |
RECO |
334.50 |
83.63 |
1 |
1 |
25.00% |
83.63 |
Total |
15,011.35 |
4,945.36 |
54 |
- |
- |
- |
For the BGS-RSCP Auction, the statewide minimum starting price will be 16.50¢/kWh and the statewide maximum starting price will be 20.50¢/kWh.
In the first round of the BGS-RSCP Auction, prices will be set no lower than the minimum starting price and no higher than the maximum starting price. In their Part 2 Applications, Qualified Bidders will submit indicative offers at the maximum starting price and at the minimum starting price. Please see the BGS-RSCP Auction Rules for further details.
November 15, 2024.
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