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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 21 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) |
2024 Auction RSCP Peak Load Share |
Tranche Target |
EDC Load Cap |
Tranche Size (%) |
MW-Measure |
| PSE&G |
7,837.85 |
2,674.09 |
29 |
14 |
1.18% |
92.21 |
| JCP&L |
4,739.50 |
1,829.40 |
20 |
9 |
1.93% |
91.47 |
| ACE |
2,301.30 |
732.20 |
7 |
3 |
4.55% |
104.60 |
| RECO |
330.70 |
82.68 |
1 |
1 |
25.00% |
82.68 |
| Total |
15,209.35 |
5,318.37 |
57 |
- |
- |
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For the BGS-RSCP Auction, the statewide minimum starting price will be 12.00¢/kWh and the statewide maximum starting price will be 16.00¢/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. |
