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February 1, 2026

Markets

Analysis Group
ISO-NE Introduces Approach to Modeling Gas Constraints
ISO-NE outlined its planned approach for accounting for resources’ gas supply limitations in its new capacity accreditation framework at a NEPOOL Markets Committee meeting.
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MISO Re-examining Monthlong Outage Limit for Capacity Resources
MISO signaled an openness to alter its 31-day planned outage rule for units that signed up to be capacity resources.
IEA
IEA World Energy Outlook 2025 Quantifies Rising Global Power Demand
IEA released its 2025 World Energy Outlook, which shows the growing importance of electricity as residents start to adopt air conditioning and data centers and other large loads drive demand growth in rich countries.
ISO-NE
NEPOOL Committees Support ISO-NE Prompt Capacity Auctions
NEPOOL technical committees voted in favor of ISO-NE’s proposal to adopt a prompt capacity auction and update the RTO’s resource retirement process.
AdminMonitor
Texas PUC Hints at Revisiting ERCOT Conservative Operations
Texas regulators approved ERCOT’s methodologies for determining minimum ancillary services for 2026 while hinting at the same time that they are considering discontinuing the use of conservative operations.
Ontario Power Generation
IESO Board OKs Rule Changes Ahead of Capacity Auction
IESO will implement new rules for breaking ties and reducing unfulfilled commitments in its capacity market ahead of its next auction Nov. 26-27.
IESO
IESO Implementing ‘True-up’ on Renewed Market Rules
After more than six months of operations under its Market Renewal Program, IESO is implementing “non-substantive” rule changes it says will improve clarity and alignment.
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PJM Stakeholders Endorse Rules for DER Participation
The PJM Market Implementation Committee endorsed manual revisions that define how distributed energy resources will participate in the 2028/29 capacity auction.
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NYISO Meeting Briefs: Nov. 3-4, 2025
NYISO presented the results of Phase 1 of the 2024 Cluster Study process at a special Operating Committee meeting.
PJM
PJM Winter Outlook Finds Tightening Reserve Margins
PJM’s winter outlook found the RTO should have enough resources to meet the forecast peak load of 145,700 MW, although the reserve margin continues to decline as new resource development lags.

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