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March 9, 2026

Capacity Market

© RTO Insider 
EPSA Summit Held with ISO/RTOs in the Middle of the Political Debate
Politicians increasingly are interested in wholesale markets, which has meant price caps but also is pushing regulators and the industry to move faster on meeting rising demand affordably and reliably.
The White House
Trump Gets Tech Execs to Sign ‘Ratepayer Protection Pledge’
President Donald Trump gathered seven tech leaders at the White House to sign a ratepayer protection pledge holding that they will pay all the costs associated with the boom in construction of data centers.
PJM
PJM MRC/MC Briefs: Feb. 19, 2026
Stakeholders endorsed PJM’s recommended installed reserve margin and forecast pool requirement for the 2028/29 Base Residual Auction at the Markets and Reliability Committee meeting.
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PJM Stakeholders Begin Discussions on Reliability Backstop Design
PJM and stakeholders laid out their initial thoughts on the structure of the in-development reliability backstop procurement as the RTO looks to meet a September target set out by the White House and all 13 member states’ governors.
© RTO Insider
PJM Consults MC on Price Collar Extension, Expedited Interconnection Track
Two PJM proposals would revise its tariff to extend the collar on capacity prices for two more years and implement an expedited interconnection track for large projects to bring new capacity online quickly.
Constellation Energy
FERC Denies Rehearing Requests on Constellation-Calpine Merger
FERC upheld its approval of Constellation Energy’s purchase of Calpine while also addressing arguments from consumer and environmental groups.
PJM
PJM MRC/MC Preview: Feb. 19, 2026
PJM's Markets and Reliability Committee and Members Committee will be asked to endorse the recommended IRM and FPR values for the 2028/29 BRA.
ISO-NE
ISO-NE Provides Updates on CAR Impact Analysis Methodology
ISO-NE updated stakeholders on its methods for assessing the impacts of its proposed capacity market overhaul as it prepares to release the initial results of the long-awaited analysis.
ISO-NE
ISO-NE Starts Work on Day-ahead Ancillary Services Market Changes
With costs associated with ISO-NE’s new day-ahead ancillary services market far exceeding expectations, the RTO is working to fast-track changes to improve the efficiency of the market in time for next winter.
© RTO Insider LLC
PJM Stakeholders Considering Load Management Performance Penalties
PJM, Voltus and the RTO’s Independent Market Monitor presented proposals to establish penalties for demand response and price-responsive demand resources that fail to perform during a pre-emergency load management event.

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