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March 12, 2026

Capacity Market

ISO-NE
ISO-NE Details Proposal for Regional Energy Shortfall Threshold
ISO-NE kicked off work to determine an acceptable level of energy shortfall risk for New England, particularly during extreme weather events. 
NYISO
NYISO BIC Stakeholders OK Modeling, Market Design
NYISO’s Business issues Committee approved testing of dynamic reserves, changes to the LCR optimizer, and new capacity accreditation rules.  
Analysis Group
Analysis Group Recommends Prompt, Seasonal Capacity Market for ISO-NE
ISO-NE should move to a prompt and seasonal capacity market to better accommodate the evolving mix of resources and reliability risks in the region, Analysis Group told stakeholders at the NEPOOL Markets Committee meeting.
NYISO
NYISO Stakeholders Balk at Proposed Day-Ahead Market for Demand Resources
NYISO stakeholders continued their criticism of the ISO’s effort to improve its demand response programs, saying it has inadequately addressed their concerns.
PJM
PJM MIC Briefs: Dec. 6, 2023
PJM’s MIC heard updates on capacity market proposals pending before FERC and began a review of how energy efficiency resources participate in the market.
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MISO Expecting Quiet Winter
MISO leadership predicted adequate supply paired with a temperate winter at the final Board Week of the year.
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3rd Circuit Rejects Challenges to PJM MOPR, Affirms Authority over FERC Deadlocks
The 3rd U.S. Circuit Court of Appeals upheld FERC's 2021 approval of PJM's tightened minimum offer price rule, which removed a requirement that resources receiving state subsidies be mitigated to their cost-based offer.
MISO
FERC Wants More Detail on MISO Sloped Demand Curve Plan
FERC wants more description behind MISO’s plan to adopt sloped demand curves for its capacity auctions before it decides the matter.
NYISO
NYISO Braces for the Coming Winter
NYISO will see improved transmission deliverability within its borders and with PJM this winter but reduced interchange with ISO-NE, stakeholders were told.
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NECA Conference Focuses on Changes to ISO-NE Capacity Market
Potential changes to ISO-NE's capacity market include updates to its resource capacity accreditation (RCA) methodology, along with prompt and seasonal capacity market formats.

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