GTM Squared delivers premium content in the form of in-depth article series, research highlights, and multimedia extras. Go beyond our everyday coverage and gain insider access to our experts. Ongoing delays in the country’s biggest capacity auction and the long-term cost and policy implications: Here’s what we know so far. For more than a year now, PJM has been in a state of suspension, awaiting word from the Federal Energy Regulatory Commission on how state-subsidized resources from wind and solar to coal and nuclear power will be permitted to participate its $10 billion a year capacity market.