Capacity Market
FERC approved LS Power’s deal to sell 12.9 GW of its gas generation in PJM, NYISO and ISO-NE, as well as its 6-GW demand response business, CPower, to NRG Energy for $12 billion.
PJM stakeholders are to vote on a record-breaking number of proposals on how the RTO should integrate large loads without impacting resource adequacy.
Aaron Markham, NYISO vice president of operations, presented the 2025-2026 Winter Capacity Assessment and Winter Preparedness forecasts to the Operating Committee.
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.
MISO signaled an openness to alter its 31-day planned outage rule for units that signed up to be capacity resources.
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.
IESO will implement new rules for breaking ties and reducing unfulfilled commitments in its capacity market ahead of its next auction Nov. 26-27.
The PJM Market Implementation Committee endorsed manual revisions that define how distributed energy resources will participate in the 2028/29 capacity auction.
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.
FERC can make large load flexibility a reality through the implementation of the Department of Energy’s Advance Notice of Proposed Rulemaking on large load interconnections, according to a new Nicholas Institute policy paper.
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