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March 24, 2026

Capacity Market

New England Generators Challenge Sloped Demand Curve
New England power generators asked a federal appeals court to overturn FERC orders that accepted ISO-NE’s change to a sloped demand curve in advance of this year’s Forward Capacity Auction.
NYISO Asks if ICAP Order Includes the Lower Hudson Valley
NYISO asked FERC if a recent order meant to mitigate market power in the installed capacity market in New York City would apply to its new capacity zone in the Lower Hudson Valley.
FERC: PJM Demand Response Stop-gap Measure ‘Premature’
FERC on Tuesday rejected as "premature" PJM’s contingency plan for including demand response in its capacity auctions in the event an appellate court ruling limiting FERC’s jurisdiction over DR is allowed to stand.
FERC: PJM Capacity Performance Filing ‘Deficient’

FERC on Tuesday asked PJM for more information on its controversial Capacity Performance plan, threatening hopes to begin phasing in the new standards in May’s Base Residual Auction.

Congressional Meeting Fails to Sway LaFleur on Capacity Results
A meeting among the New England congressional delegation, ISO-NE and FERC Chairman Cheryl LaFleur ended the way that it started: with LaFleur and the RTO defending rising capacity prices and the delegation unhappy.
Connecticut Resource Outlook Improves, but Challenges Remain
The Connecticut Department of Energy issued its IRP last week, warning of natural gas pipeline constraints and stiffer competition for renewable resources.
FERC Upholds Most of New York City Market Power Order
FERC last week left intact most of its 2010 order meant to mitigate market power in the installed capacity market in New York City.
FERC Dismisses NY Generators’ ‘Price Suppression’ Complaint
IPPNY failed to persuade FERC that out-of-market payments that keep financially strapped generation operating to maintain system reliability suppress capacity prices.
Monitor: Winter Prices Boosted PJM Prices, Raise Withholding Concerns
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
MISO Stakeholders Call for Seasonal Resource Construct; Cool to Mandatory Capacity Market
MISO stakeholders indicated widespread support for moving to a seasonal measurement of resource adequacy; supporters say it would improve reliability.

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