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February 2, 2026

Capacity Market

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OPSI Panels Discuss Data Center Load Growth

The challenges of meeting soaring forecasts of data center load growth dominated the Organization of PJM States Inc. (OPSI) Annual Meeting.

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PJM MIC Briefs: Oct. 9, 2025
The PJM Market Implementation Committee endorsed a package of revisions to Manual 18.
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Voltus, Mission:data Seek Changes to PJM Data Requirements for DR
Curtailment service providers Voltus and Mission:data have filed a complaint with FERC seeking changes to PJM's data requirements for demand response.
PJM
PJM OC Briefs: Oct. 8, 2025
Stakeholders in the PJM Operating Committee have endorsed manual revisions reflecting the creation of modeling users forum.
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PJM Drops Non-capacity Backed Load, Shifts Focus to Resource Queue, PRD
PJM has withdrawn its non-capacity backed load proposal, shifting the focus of its solution for rising large load additions to creating a parallel resource interconnection queue and reworking price-responsive demand.
ISO-NE
ISO-NE Publishes Draft 2026 Work Plan
Capacity auction reforms, a new asset condition reviewer role, parallel transmission planning efforts, new reserve products, Pay-for-Performance changes and interconnection modifications are likely to be on the docket for ISO-NE in 2026.
MISO
MISO Eschews Latest Data to Limit CONE Increase for 2026
Inflation and higher borrowing costs pushed MISO’s cost of new entry up by about 5% heading into the 2026/27 planning year, but stakeholders are questioning MISO’s use of 2020 data in calculations in order to keep prices lower.
Potomac Economics
NYISO Monitor Report Highlights Generator Outages During Heat Wave
As NYISO continues its Capacity Market Structure Review, the Market Monitoring Unit used its second-quarter State of the Market report to highlight potential issues with how the ISO forecasts resource availability.
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PJM Revises Non-capacity Backed Load Proposal
PJM revised elements of its proposal to create a non-capacity backed load product for large loads as the Critical Issue Fast Path embarks on determining how to address the reliability challenges posed by accelerating data center load growth.
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MISO IMM: Capacity Prices Efficient Despite Yearslong Error
MISO’s Independent Market Monitor said the recently uncovered, eight-year-old repeat error in the RTO’s capacity market that caused a $280 million impact in this year’s auction alone is unfortunate but insisted the resulting prices were efficient.

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