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July 9, 2025

capacity prices

Forward Market Design LLC
FERC Resource Adequacy Conference Comes with Markets at a Crossroads

FERC will hold a two-day technical conference June 4-5, where it will look at resource adequacy issues in the ISO/RTO markets, with most of the focus on those with capacity markets.

Shutterstock
FERC Approves PJM-Pa. Agreement on Capacity Price Cap, Floor
FERC approved a PJM proposal to limit capacity prices to between $175 and $325/MW-day for the next two Base Residual Auctions, resolving a complaint from Pennsylvania Gov. Josh Shapiro.
Commonwealth of Pennsylvania
Shapiro Warns of ‘Reevaluation’ of PJM if Capacity Prices not Addressed
Pennsylvania Gov. Josh Shapiro urged PJM Chair Mark Takahashi to “intervene with” RTO leadership to revise the design of the capacity market before conducting the 2026/27 BRA to avoid an “unacceptable” increase in capacity market prices.
MISO
MISO: Auction Results Point to Need for Sloped Demand Curve
MISO executives said the capacity market still needs fixing, warning that the surplus gained from last week’s auction is fleeting without long-term changes.
PJM Interconnection
PJM Capacity Prices Jump in 5 Regions
PJM capacity prices dropped in much of the RTO for delivery year 2024/25, but ratepayers in five regions will face increases due to locational constraints.

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