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March 25, 2026

Capacity Market

What We Don’t Know Can Hurt You
This is the space where we would have told you what happened at the PJM Board of Managers’ Enhanced Liaison Committee meeting Tuesday.
FERC Rejects Consumers Energy Bid for MISO Must-Offer Waiver

FERC denied Consumers Energy’s request for a waiver from MISO’s must-offer requirement, three weeks after approving a similar request by IPL.

Pipeline Capacity, Retirements Top Concerns in ISO-NE Annual Plan
ISO-NE released its annual report, highlighting the challenges related to plant retirements, inadequate gas infrastructure and initiatives in transmission planning, renewables and distributed resource integration.
Operational Challenges May Limit PJM Capacity Performance Goal
Operational challenges and costs may limit the ability of generators to obtain the level of reliability envisioned in PJM’s Capacity Performance proposal.
PJM DR Cos. Confident; Reject PJM EPSA Response

Company executives say they are confident that DR will continue to grow despite the EPSA ruling that threatens its continued participation in PJM.

FERC, New York PSC to Meet on Capacity Market Wednesday
The New York PSC and FERC will study the state’s troubled capacity market at a technical conference in Manhattan Wednesday.
PJM Generators Seek Support for Cost of Capital Boost

One issue raised at last week’s PJM Market Summit concerned the 8% after-tax weighted average cost of capital (ATWACC) the PJM Board of Managers submitted.

Coalitions Make Their Cases to PJM Board

Fourteen coalitions representing more than 80 stakeholders submitted briefing papers to the PJM Board of Managers Tuesday on the RTO’s Capacity Performance proposal. Don’t have time to read all 150 pages? No worries. We’ve summarized the groups’ concerns here.

EPSA Stay Complicates PJM’s 2015 Capacity Auction Plans
PJM officials are developing contingency plans for their 2015 capacity auctions in the wake of last week’s stay of the D.C. Circuit Court's EPSA ruling.
PJM, IMM Post Capacity Performance Cost-Benefit Analysis as Members Form Battle Lines
A cost-benefit analysis released by PJM and the IMM says the RTO's proposed Capacity Performance product would cost ratepayers as much as $6 billion over the next four years.

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