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March 20, 2026

Capacity Market

Updated: Capacity Prices down in Most of PJM in 1st Year of 100% CP
PJM’s first capacity auction requiring year-round availability per its Capacity Performance requirements saw prices drop by one-quarter in most of the RTO.
Gas Price Spreads Made NYC Generation More Economic in 2016
Natural gas price spreads between Western and Eastern New York in 2016 led to NYC generation being “more economic than in recent years,” NYISO's MMU said.
PJM Differs with Monitor in State of the Market Response
While PJM and its Independent Market Monitor agree that its markets “work” and are competitive, they disagree on what might make them better.
MISO Resource Adequacy Subcommittee Briefs
Stakeholders voted overwhelmingly to end debate about whether costs for MISO’s transmission use settlement with SPP should be allocated by capacity benefit.
Federal Hydro Customers Seek Change in MISO Capacity Rules
Customers of the Southwestern Power Administration asked MISO to change how it accredits their hydropower allocations - from baseload to peaking power.
ISO-NE Two-Tier Auction Proposal Gets FERC Airing
ISO-NE presented its proposal for a two-tiered capacity auction that would incorporate state-mandated renewable generation at the FERC technical conference.
RTO Markets at Crossroads, Hobbled FERC Ponders Options
More than 50 stakeholders from PJM, NYISO and ISO-NE made their cases to FERC on how to resolve conflicts between energy policies and wholesale markets.
PJM Market Implementation Committee Briefs
Whether energy efficiency should be allowed in the capacity market drew heated debate on two issues at the PJM Market Implementation Committee meeting.
Uncertain Future for MOPR
The minimum offer price rule (MOPR) was a controversial topic at last week’s FERC technical conference.
PJM Stakeholders Offer Different Takes on Markets’ Viability
In the afternoon of day one of FERC's major technical conference focused on PJM, with CEO Andy Ott, IMM Joe Bowring and state regulators testifying.

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