Dynegy Reports PJM Auction Results
OREANDA-NEWS. Dynegy Inc. (NYSE:DYN) today reported its results from the PJM capacity auction for planning year 2019/2020. The Company cleared a total of 9,804 megawatts (MW) at a weighted average clearing price of $134 per megawatt-day equating to approximately $481 million in capacity revenues for the 2019/2020 planning year. This total includes Dynegy’s PJM fleet that cleared 9,187 MW at a weighted average price of $137 per megawatt-day for total capacity revenues of $460 million, and IPH’s exports to PJM that cleared 617 MW at a weighted average price of $92 per megawatt-day for total capacity revenues of $21 million.
The below table lists Dynegy’s cleared capacity and associated clearing price for the 2019/2020 capacity auction by zone:
|Zone||Clearing Price per MW-day||Megawatts Cleared|