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February 2, 2026

Capacity Market

Plaza Construction
NYISO Drops Seasonal CAFs from Winter Reliability Project
NYISO told stakeholders it was no longer considering seasonal capacity accreditation factors because it found they would disincentivize participation in the capacity market.
MISO
Vistra to Pay $38M to Settle Decade-old MISO Capacity Market Manipulation Case
Vistra has agreed to pay $38 million to wind down a long-running FERC inquiry into whether it manipulated prices in MISO’s 2015/16 capacity auction.
Cleco
IMM: MISO Should Penalize Gen that Falls Flat on Emergency Output
The MISO Independent Market Monitor called on the RTO to develop a penalty system for generation for underperformance during emergencies.
MISO
MISO Skirts Max Gen Emergency in July Heat
MISO issued a slew of warning notices and operating instructions — especially in the South region — to help deal with oppressive July heat, forced generation outages and strained transmission.
PJM
PJM MRC/MC Briefs: July 23, 2025
PJM's Markets and Reliability Committee endorsed by acclamation an issue charge by Constellation Energy focused on how storage as a transmission asset could be implemented in the RTO.
© RTO Insider LLC
PJM Stakeholders Support Sub-annual Capacity Issue Charge
The PJM MRC endorsed an issue charge to hire a consultant to investigate the pros and cons of a sub-annual capacity market and what designs stakeholders feel would be feasible.
NYISO
NYISO Presents Informational CAFs for Non-firm Generators
NYISO provided a glimpse into the possible capacity accreditation factors for gas generator units that have not guaranteed a supply of fuel for the winter capability period.
© RTO Insider  
PJM Stakeholders Reject 2027/28 Capacity Auction Parameters
Stakeholders rejected the installed reserve margin and forecast pool requirement values recommended by PJM staff, with some opposed arguing that the inputs remain nebulous.
Constellation Energy
FERC Approves Constellation Purchase of Calpine with Conditions
FERC approved Constellation's purchase of Calpine, which will create an even bigger IPP with nearly 60 GW around the country, with the biggest share of that in PJM.
PJM
PJM Capacity Prices Hit $329/MW-day Price Cap

The clearing price is the highest in PJM history and an increase of $59.22 (22%) from last year’s record for the RTO.


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